New York, January 28th (TradersHuddle.com) – Shares of Baidu, Inc. (NASDAQ:BIDU) are trading lower by -0.50% ahead of its quarterly earnings release. Baidu, the largest Chinese Internet search engine is expected to release its quarterly results on January 31st.
Wall Street Analysts consensus calls for a profit of $0.45 a share on $362.22 million revenue.
Baidu estimates have a range of $0.14 a share. The high estimate calls for profit of $0.51 a share and the low estimate is calling for a profit of $0.37 a share, a year ago for the quarter the company reported $0.18 a share.
Baidu, Inc. (NASDAQ:BIDU) provides Chinese language Internet search services primarily in China and Japan. The Company offers algorithmic search, enterprise search, pay for performance and news, MP3, and image searches.