BIDU: Coping With Internal And External Challenges; Expect BIDU’s 3Q19 Revenue To Be In Line
BIDU will report 3Q19 results on November 6th after the markets close followed by an 8:15pm EST conference call. Based on our data and calculations, we believe BIDU’s total revenue is likely to be in line with consensus at RMB27.572B, and within its guidance range of RMB 26.900B – RMB 28.500B. The year of 2019 is a challenging year for BIDU.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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