Baidu Q4 Search Seen Getting Mobile Gaming Boost

By | February 25, 2014

Scalper1 News

Chinese search leader Baidu (BIDU) is expected late Wednesday to report 3.9% Q4 earnings growth on accelerated revenue growth, as the company continues spending on mobile gaming and app stores. The firm’s EPS ex items are seen rising to $1.34 from $1.29 in the year-earlier quarter. But EPS had risen 39% year over year in Q4 2012. Q3 EPS rose 6%. Revenue is seen climbing 51% to $1.53 billion, according to analysts polled by Thomson Reuters. That Scalper1 News

Scalper1 News