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Investing.com - Baidu reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Baidu announced earnings per share of 12.38 on revenue of 28.13B. Analysts polled by Investing.com EPS of 10.63 on revenue of 27.36B.
Baidu 's are down 12% and is trading at 189.20 , still down 46.62% from its 52 week high of 354.44 set on Monday, February 22, 2021.
Baidu follows other major Technology sector earnings this month
Baidu's report follows an earnings beat by Apple on Wednesday, April 28, 2021, who reported EPS of 1.4 on revenue of 89.58B, EPS of 0.9864 on revenue of 77.09B.
Microsoft had beat expectations on Tuesday, April 27, 2021 with third quarter EPS of 1.95 on revenue of 41.71B, for EPS of 1.78 on revenue of 41.04B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar