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Thursday, February 25, 2016

=Baidu.com (BIDU) reported earnings on Wed 24 Feb 2016 (a/h)







Baidu.com misses by $0.04, beats on revs; guides Q1 revs below consensus  :
  • Reports Q4 (Dec) adj. earnings of $1.18 per share, $0.04 worse than the Capital IQ Consensus of $1.22; rev +33% to $2.89 bln vs. $2.84 bln consensus. 
    • Mobile search monthly active users (MAUs) were 657 million for the month of December 2015, an increase of 21% year-over-year Mobile maps MAUs were 302 million for the month of December 2015, an increase of 43% year-over-year Gross merchandise value[1] (:GMV) totaled RMB14.7 billion ($2.3 billion) for the fourth quarter of 2015, an increase of 397% year-over-year.
  • Co issues downside guidance for Q1, sees Q1 revs of $2.379-2.465 bln vs. $2.51 bln Capital IQ Consensus Estimate.

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