Baidu (BIDU) will report second quarter earnings after the market closes with a conference call to follow at 9:15 PM.

Baidu has roughly two-thirds search market share in China. It also has a 58% stake in a leading video platform iQiyi (IQ).

S&P Capital IQ consensus calls for Q2 adj. EPS of $0.92 (vs. $3.09 last year) with revenue down 2.5% to $3.72 bln. Second quarter guidance calls for revenue of $3.74-3.96 bln. 

BIDU will provide third quarter revenue guidance in the press release. The S&P Capital IQ Consensus calls for revenue down 0.6% to $4.03 bln. 


BIDU is up 8% following better than expected results from smaller peer Sina (SINA) this morning. BIDU stock hit a six-year low last week. Earnings are expected to fall 57% this year but rebound 54% next year. 

Baidu has a $37 bln market cap and trades at ~11x EV/EBITDA with $10 bln in net cash.

If you liked this content please click the ❤️ below and/or share it!

TOTALLY FREE Trading Packet!

Click here to get my packet that shows you how I traded $600 into $100K FOR FREE.

This packet will explain to you in depth how I trade and how I manage my risk.

I am happy to share this. Just use the code KPAKFRAUD at checkout and you will get it TOTALLY FREE. You will pay absolutely nothing.


Check out the latest episode from my podcast below.

If you'd like to follow my trades in real time click the "Join Now" button at the bottom of the page. For those that will and have asked, use the code 1ST on checkout for a discount with no commitment beyond one month.