Baidu (NASDAQ:BIDU) reported quarterly earnings of $1.06 per share which missed the analyst consensus estimate of $1.35 by 21.48 percent. This is a 44.21 percent decrease over earnings of $1.90 per share from the same period last year. The company reported quarterly sales of $4.617 billion which missed the analyst consensus estimate of $4.650 billion by 0.71 percent. This is a 1.09 percent increase over sales of $4.567 billion the same period last year.