Baidu (NASDAQ:BIDU) reported quarterly earnings of $2.55 per share which beat the analyst consensus estimate of $1.96 by 30.1 percent. This is a 7.61 percent decrease over earnings of $2.76 per share from the same period last year. The company reported quarterly sales of $4.47 billion which beat the analyst consensus estimate of $4.30 billion by 4.00 percent. This is a 2.45 percent increase over sales of $4.37 billion the same period last year.