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MELI

MercadoLibre earnings missed by $2.74, revenue topped estimates

investing.com 06/11/2024 - 21:49 PM

MercadoLibre Reports Q3 Earnings

Investing.com – MercadoLibre (NASDAQ: MELI) reported third quarter EPS of $7.83, which is $2.74 below the analyst estimate of $10.57. Revenue for the quarter was $5.31B, slightly above the consensus estimate of $5.27B.

MercadoLibre's stock price closed at $2,117.30, having increased 12.41% in the last three months and 53.13% over the past year.

In the last 90 days, MercadoLibre had 3 positive EPS revisions and 2 negative EPS revisions. You can view MercadoLibre's stock price’s past reactions to earnings for more insights.

According to InvestingPro, MercadoLibre's Financial Health score is noted as "great performance".

Stay informed about MercadoLibre's recent earnings performance and financial details.

For upcoming earnings reports, visit Investing.com's earnings calendar.




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