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Baidu (BIDU) Stock Slides in After-Hours Trading on Q4 Revenue Guidance

NEW YORK (TheStreet) -- Shares of Baidu (BIDU) were falling in after-hours trading on Thursday after the company issued a downbeat revenue outlook for the 2016 fourth quarter.

Following today's closing bell, Baidu said it expects fourth-quarter revenue between $2.68 billion and $2.76 billion. Analysts are modeling $2.86 billion for the current period.

For the 2016 third quarter, the Beijing-based Internet search provider reported adjusted earnings of $1.49 per diluted share, beating analysts' estimates of $1.11 per...


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