The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Baidu's revenues will increase 39.5% and EPS will wither -1.6%.
The average estimate for revenue is $1.20 billion. On the bottom line, the average EPS estimate is $1.22.
Last quarter, Baidu reported revenue of $961.0 million. GAAP reported sales were 42% higher than the prior-year quarter's $676.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.95. GAAP EPS of $0.94 for Q1 were 11% higher than the prior-year quarter's $0.85 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 72.1%, 580 basis points worse than the prior-year quarter. Operating margin was 37.0%, much worse than the prior-year quarter. Net margin was 34.2%, 1,000 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $4.86 billion. The average EPS estimate is $4.96.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 4,764 members out of 5,366 rating the stock outperform, and 602 members rating it underperform. Among 1,123 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,024 give Baidu a green thumbs-up, and 99 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Baidu is hold, with an average price target of $119.84.
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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.