Stock

MercadoLibre earnings missed by $2.74, revenue topped estimates

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Investing.com – MercadoLibre (NASDAQ: MELI) reported third quarter EPS of $7.83, $2.74 worse than the analyst estimate of $10.57. Revenue for the quarter came in at $5.31B versus the consensus estimate of $5.27B.

MercadoLibre’s stock price closed at $2,117.30. It is up 12.41% in the last 3 months and up 53.13% in the last 12 months.

MercadoLibre saw 3 positive EPS revisions and 2 negative EPS revisions in the last 90 days. See MercadoLibre’s stock price’s past reactions to earnings here.

According to InvestingPro, MercadoLibre’s Financial Health score is “great performance”.

Check out MercadoLibre’s recent earnings performance, and MercadoLibre’s financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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