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Baidu(BIDU)'s Q3 2008 Earning Estimate
BIDU
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Baidu's management will hold an earnings conference call at 8 PM on July 23, 2008 U.S. Eastern Time (8 AM on July 24, 2008 Beijing/Hong Kong time).
Piper Jaffray analysts Gene Munster and Vivian Li, maintain their Buy rating and $430 price target. They said, "We expect Baidu to report slight upside to the Street's estimate of $112m in revenue, despite concerns over the China earthquake in May. From our conversation with four Baidu advertisers and two ad agencies, we believe Baidu's business remains robust given by :
<> <> Consistent addition of new customers as advertisers con...
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Baiducom Inc ADS
BIDU
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Baidu.com, Inc., through its subsidiaries, provides Chinese language Internet search services primarily in the People's Republic of China. The company offers a Chinese language search platform, which consists of Web sites and online application software; and Baidu Union, a network of third-party Web sites and software applications. It products include Baidu Web Search that allows users to locate information, products, and services using Chinese language search terms; Baidu Post Bar and Baidu Knows, which provides users with a query-based searchable community; and Baidu News that provides li...
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fundamental analysis
BIDU
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the earth quake has not hurt bidu, olympics are coming up and and its well used in china . . . its just the beginning
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Baidu’s Q1 2008 Earnings: Long-Term Positive
BIDU
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Baidu just met on EPS, which is disappointing. However, both on revenue and revenue guidance they beat hands down. In addition, Baidu is spending money on projects (such as Baidu Japan, E-commerce, social networking, wikis, radio and TV advertising, etc.) that will pay off later. Baidu can't maintain it's advantage over Google in China by standing still. It's pretty obvious that Baidu was trying to lower expectations with it's press release in February (as posted by CR). Baidu is using this years strength to position itself better in the future and not milking it's impressive growth for sho...
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China deflation
BIDU
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I am selling BIDU this morning for a month or so. I think there are going to be some problems overseas and more competition for BIDU. The stock should go down for a bit. Try the put options on this for a week or so and see how we do.
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About Baiducom Inc ADS
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