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Investing.com - Baidu reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Baidu announced earnings per share of 20.35 on revenue of 28.23B. Analysts polled by Investing.com EPS of 13.01 on revenue of 27.49B.
Baidu 's are up 16% and is trading at 147.84 , still down 2.17% from its 52 week high of 151.12 set on Monday, November 16, 2020.
Baidu follows other major Technology sector earnings this month
Baidu's report follows an earnings beat by Apple on Thursday, October 29, 2020, who reported EPS of 0.73 on revenue of 64.7B, EPS of 0.71 on revenue of 63.8B.
Microsoft had beat expectations on Tuesday, October 27, 2020 with first quarter EPS of 1.82 on revenue of 37.15B, for EPS of 1.54 on revenue of 35.76B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar