2012-02-15 15:34:55
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Summary (GAAP) Overall, Baidu is expected to report another record quarter and beat QoQ and YoY for Earnings per Share. Q4 is the strongest quarter on the annual cycle with a slowing in Q1. Therefore, Baidu should beat QoQ and YoY for Total Revenues, Operating Income, Net Income, and Cash Flow per Share. Baidu should meet QoQ and YoY for gross margin, operating, and net margins. In short, this is expected to be yet another record quarter. The question is how much of a record? The prior quarterly charts are reviewed below.