Baidu reported its earnings for Q3 2012 on October 29.
FORBES: Baidu Shows Strong Customer Growth But Mobile Questions Remain
In after hours trading following the earnings report Baidu briefly dipped before gaining 1.3%.
Baidu.com reported earnings-per-share of 46 cents, handily topping analyst estimates of 41 cents.
Does that mean Baidu is worth nearly 90 times earnings, or that Sohu is worth betting on when, as The Motley Fool notes, there is a significant short interest in the stock?
Baidu Inc. had an annual average earnings growth of 74.8% over the past five years.
FORBES: Guru Stocks at 52-Week Lows: BIDU, ABX, APA, PKX, MT
Baidu is set to announce its Q4 earnings on Monday, February 4.
FORBES: Baidu Pre-Earnings: Questions On Competition And Mobile Monetization Remain
Special Offer: Baidu.com and Intuitive Surgical surge on earnings, earning a huge payday for holders of call options.
Historically, Baidu has been on solid fundamental ground on the earnings stage.
FORBES: Baidu Earnings Watch: Implieds Spike, Investors Optimistic
Baidu (NASDAQ:BIDU) came in light on earnings and is down a few dollars this morning.
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Baidu , the Chinese Web search provider, posted strong earnings in its latest quarter, doubling net income in only 12 months as it continued to add online marketing customers.
In the pre-earnings article, we had expressed our concerns regarding the increasing competition that Baidu faces from players such as Qihoo, which launched a competing search engine during the third quarter.
FORBES: Baidu Shows Strong Customer Growth But Mobile Questions Remain
Baidu is not cheap, though it has come down from multiples way over 60x trailing earnings earlier in the year.
Baidu Inc. (BIDU) is slated to release its much-anticipated third-quarter earnings report after the close of trading this afternoon.
FORBES: Baidu Earnings Watch: Implieds Spike, Investors Optimistic
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