Investing.com – Baidu (NASDAQ:) described on Thursday second quarter that conquer analysts’ forecasts and revenue that topped anticipations.
Baidu announced earnings for every share of ¥14.73 on revenue of ¥26.03B. Analysts polled by Investing.com expected EPS of ¥9.31 on revenue of ¥25.75B.
Baidu shares are down 1.45% from the starting of the year and are buying and selling at ¥124.57 , down-from-52-week-high.They are less than-doing the Nasdaq which is up 23.07% yr to date.
Baidu follows other important Know-how sector earnings this month
Baidu’s report follows an earnings beat by Apple on Thursday, July 30, 2020, who reported EPS of ¥2.58 on revenue of ¥59.69B, compared to forecasts EPS of ¥2.05 on revenue of ¥52.29B.
Microsoft had beat anticipations on Wednesday, July 22, 2020 with fourth quarter EPS of ¥1.46 on revenue of ¥38.03B, in comparison to forecast for EPS of ¥1.34 on revenue of ¥36.54B.
Keep up-to-date on all of the impending earnings stories by going to Investing.com’s earnings calendar