What trends are visible in BIDU's 2024 EPS?
3/29/2025 03:26pm
Baidu's 2024 EPS exhibits several notable trends:
1. **Growth Consistency**: Baidu's EPS has shown consistent growth throughout 2024, with the second and third quarters surpassing expectations.
2. **Beat Expectations**: The company's EPS has beaten analyst estimates in multiple quarters, with a 1.7% increase in the second quarter and a significant 58% increase in the third quarter.
3. **Revenue Impact**: While revenue was in line with estimates in some quarters, it slightly missed in others, impacting EPS. For instance, a 1.47% shortfall in revenue in the first quarter led to adjusted EPS of $2.76, still surpassing expectations.
4. **Profit Margin Improvement**: Baidu's profit margin has improved, particularly in the third quarter, driven by lower expenses, resulting in a higher EPS of $21.92.
5. **Market Sentiment and Outlook**: Despite temporary challenges, Baidu's strong earnings performance and consistent beat expectations suggest a positive market sentiment. Analysts forecast continued growth, with revenue expected to increase by 5.1% per annum over the next three years.
In summary, Baidu's 2024 EPS demonstrates robust growth, consistent beat expectations, and improving profit margins, with a positive market outlook despite some revenue shortfalls.