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Home » Baidu Expected to Swing to Profit in Third Quarter — Earnings Preview
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Baidu Expected to Swing to Profit in Third Quarter — Earnings Preview

News RoomBy News RoomNovember 20, 20230 Views0
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By Sherry Qin

Baidu is scheduled to report its third-quarter results on Tuesday. Here’s what you need to know:

NET PROFIT FORECAST: Baidu is expected to swing to a net profit of 4.89 billion yuan ($678.1 million) for the quarter ended Sept. 30 from a year earlier, according to a poll of analysts by FactSet. That compared with a net loss of…

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