(Adds details, shares)
April 27 (Reuters) - Chinese internet company Baidu Inc forecast current-quarter revenue largely below estimates, sending its U.S.-listed shares down about 6 percent in extended trading on Thursday.
The company said it expects second-quarter revenue of 20.47 billion yuan to 20.98 billion yuan ($2.97 billion-$3.04 billion), while analysts were expecting revenue of 20.84 billion yuan, according to Thomson Reuters I/B/E/S.
Baidu also said Jennifer Li would step down as chief financial officer to become chief executive at its investment firm Baidu Capital.
The company has shuffled management, rolled out new products and invested heavily in local and foreign firms in a wide-scale restructuring effort after its lucrative healthcare advertising business was curbed by the Chinese government.
Baidu's revenue in the first quarter rose to 16.9 billion yuan ($2.45 billion) from 15.82 billion yuan a year earlier. That growth is above a Thomson Reuters' survey of 13 analysts, which estimated a 6.4 percent rise in revenue.
The company in February forecast first-quarter revenue of 16.48 billion-17.03 billion yuan.
Net income attributable to Baidu fell to 1.78 billion yuan in the quarter ended March 31, from 1.99 billion yuan a year earlier, the company said.
Baidu's U.S.-listed shares fell 6.1 percent to $176.43 after the bell on Thursday. ($1 = 6.8958 Chinese yuan renminbi) (Reporting by Aishwarya Venugopal in Bengaluru and Cate Cadell in Beijing; Editing by Martina D'Couto)