The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Baidu's revenues will increase 40.8% and EPS will expand 38.7%.
The average estimate for revenue is $999.7 million. On the bottom line, the average EPS estimate is $1.29.
Last quarter, Baidu booked revenue of $1.00 billion. GAAP reported sales were 52% higher than the prior-year quarter's $654.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.37. GAAP EPS of $1.37 for Q3 were 63% higher than the prior-year quarter's $0.84 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 79.2%, 160 basis points worse than the prior-year quarter. Operating margin was 52.7%, 60 basis points worse than the prior-year quarter. Net margin was 48.1%, 300 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $3.52 billion. The average EPS estimate is $4.79.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 4,582 members out of 5,189 rating the stock outperform, and 607 members rating it underperform. Among 1,156 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,039 give Baidu a green thumbs-up, and 117 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Baidu is outperform, with an average price target of $163.94.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool recommends Baidu. The Motley Fool owns shares of Baidu. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.