Baidu Inc. (BIDU) Stock Sinks As Market Gains: What You Should Know
Wall Street will be looking for positivity from BIDU as it approaches its next earnings report date. This is expected to be February 12, 2019.
On that day, BIDU is projected to report earnings of $2.11 per share, which would represent a year-over-year decline of 7.86%.
Meanwhile, our latest consensus estimate is calling for revenue of $3.86 billion, up 6.58% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $10.01 per share and revenue of $15.13 billion, which would represent changes of +2.25% and +19.31%, respectively, from the prior year.
BIDU has a Forward P/E ratio of 18.51 right now. This valuation marks a discount compared to its industry's average Forward P/E of 27.15.
Also, we should mention that BIDU has a PEG ratio of 0.81.
Source: Zacks
https://finance.yahoo.com/news/baidu-in ... rc=applewf