Baidu.com, Inc. Quarterly Earnings on Deck

Baidu.com, Inc. (ADR) (BIDU) will unveil its latest earnings on Thursday, October 27, 2011. Baidu.com is a Chinese language Internet search provider.

Baidu.com, Inc. (ADR) Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 84 cents per share, a rise of 86.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 75 cents. Between one and three months ago, the average estimate moved up. It has risen from 83 cents during the last month. Analysts are projecting profit to rise by 88.9% versus last year to $2.89.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 6 cents, reporting profit of 72 cents per share against a mean estimate of net income of 66 cents per share.

Investing Insights: Amazon.com has a Stock Chart Technical Analysts Dream About.

Wall St. Revenue Expectations: On average, analysts predict $618.9 million in revenue this quarter, a rise of 83.5% from the year ago quarter. Analysts are forecasting total revenue of $2.16 billion for the year, a rise of 80% from last year’s revenue of $1.2 billion.

Analyst Ratings: Analysts are bullish on this stock with 15 analysts rating it as a buy, none rating it as a sell and three rating it as a hold.

A Look Back: In the second quarter, profit rose more than twofold to $252.6 million (72 cents a share) from $123.5 million (35 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 87.1% to $528.3 million from $282.3 million.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of more than threefold, with the biggest boost coming in the fourth quarter of the last fiscal year when revenue rose more than sixfold from the year earlier quarter.

The company has seen net income rise in three straight quarters. Net income rose more than twofold in the first quarter and 753.8% in the fourth quarter of the last fiscal year.

Competitors to Watch: Google Inc. (NASDAQ:GOOG), Sohu.com Inc. (NASDAQ:SOHU), SINA Corporation (NASDAQ:SINA), Yahoo! Inc. (NASDAQ:YHOO), NetEase.com, Inc. (NASDAQ:NTES), InfoSpace, Inc. (NASDAQ:INSP), Microsoft Corporation (NASDAQ:MSFT), Youku.com Inc (NYSE:YOKU), and AOL, Inc. (NYSE:AOL).

Stock Price Performance: During October 5, 2011 to October 25, 2011, the stock price had risen $17.65 (15.87%) from $111.17 to $128.82. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 5, 2011 when shares rose for seven-straight days, rising 13.4% (+$17.19) over that span. It saw one of its worst periods between September 14, 2011 and September 22, 2011 when shares fell for seven-straight days, falling 16.5% (-$24.30) over that span. Shares are up $32.30 (+33.46%) year to date.

(Source: Xignite Financials)

Investing Insights: Amazon.com has a Stock Chart Technical Analysts Dream About.

 

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