Baidu's Q4 print beats on top and bottom lines; shares down

Investing.comFeb 18, 2025 9:44 AM

View all comments（0）



Investing.com -- Baidu (NASDAQ:BIDU) posted stronger-than-expected fourth-quarter earnings and revenue, though the company's shares fell around 3% in premarket trading Tuesday.

The Chinese internet and AI giant posted Q4 earnings per share (EPS) of RMB19.18, beating analysts' expectations of RMB16.42.

Baidu's revenue for the quarter stood at RMB34.12 billion, also above the consensus estimate of RMB33.64 billion.

The company's core business generated RMB27.7 billion in revenue, ahead of the projected RMB26.75 billion. However, iQIYI, Baidu’s streaming platform, reported revenue of RMB6.6 billion, falling short of the RMB6.84 billion estimate.

"2024 marked a pivotal year in our ongoing transformation from an internet-centric to an AI-first business. AI Cloud gained momentum, fueled by broad market recognition of our full stack AI capabilities," said Robin Li, co-founder and CEO of Baidu.

"With our strategic foresight increasingly validated, we expect our AI investments to deliver more significant results in 2025," he added.

Baidu reported an adjusted operating profit of RMB5.05 billion, above the expected RMB4.89 billion. Adjusted EBITDA came in at RMB6.95 billion, missing the forecast of RMB7.47 billion.

The company’s monthly active users reached 679 million, also below the estimate of 690.82 million.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Tesla Stock Forecast: TSLA Triangle Breakout Targets $411.90 as Cybercabs Overtake Model Ys

TradingKey - Tesla stock forecast: TSLA breaks out of a triangle above $388.85 as Cybercabs overtake Model Ys in Texas, with $411.90 the next hurdle on the 4-hour chart.

SK Hynix Surges Over 4% as Q3 Results Hit Record High, Returning $75 Billion to Shareholders

SK Hynix reported a record-breaking Q3 operating profit while announcing a massive 100 trillion won (approximately $75 billion) shareholder return plan, sending its stock price surging 4%.

KOSPI Tops 5,800, Kioxia Jumps Over 4% as SK Hynix Revenue and Profit Hit Record Highs

The KOSPI surged over 3%, Kioxia jumped 4%, Samsung and SoftBank joined the rally, and SK Hynix unveiled a massive 100 trillion KRW in shareholder returns.

US Stocks Close: Nasdaq Rises Over 1%, Philadelphia Semiconductor Index Gains Over 3%; Chip Stocks Extend Rally, CoreWeave Gains Nearly 8%

On Tuesday, October 27, Eastern Time, U.S. stocks moved higher, with chip stocks extending their rally to drive the Nasdaq to lead the gains. Amid falling oil prices, investors continued to assess a heavy slate of corporate earnings reports while focusing on the Federal Reserve's interest rate meeting. At the close, the Dow Jones Industrial Average rose 0.03% to 52,377.57 points; the Nasdaq Composite Index gained 1.18% to 26,477.81 points; and the S&P 500 Index advanced 0.60% to 7,722.60 points.

Amazon Q3 Earnings Preview: AWS Growth Expected to Rise to 41%, Wall Street Top Price Target $400

TradingKey - Amazon (AMZN) will release its third-quarter 2026 financial results after the U.S. market close on October 29, Eastern Time, and hold an earnings conference call at 17:00 on the same day.

Featured Tools