Nov. 19 at 3:35 PM
Q3 earnings surprise for
$BIDU — but challenges loom 🤔
📊 Earnings of
$1.56 per ADS beat estimates by 30%, yet dropped 34.2% YoY
📉 Revenue down 8.4% YoY, despite a 1.7% beat on estimates
📈 AI Cloud growth shines, but overall margins and income face pressure
Full analysis here 👇 https://www.zacks.com/stock/news/2793148/baidu-q3-earnings-revenues-beat-estimates-despite-yy-decline?cid=sm-stocktwits-2-2793148-body-21649&ADID=SYND_STOCKTWITS_TWEET_2_2793148_BODY_21649