- MercadoLibre ( NASDAQ: MELI ) is scheduled to announce Q4 earnings results on Thursday, February 23rd, after market close.
- The consensus EPS Estimate is $2.49 and the consensus Revenue Estimate is $2.96B (+39.0% Y/Y).
- Over the last 3 months, EPS estimates have seen 2 upward revisions and 0 downward. Revenue estimates have seen 2 upward revisions and 3 downward.
- The company shares rose nearly 17% after it reported Q3 EPS of $2.56, $0.24 above expectations, and a 44.6% jump in revenue from 2021, essentially in-line with estimates .
- MELI has a Quant rating of HOLD, with a 3.30 rating score.
- MELI has an industry ranking of 13 out of 58 in the internet and direct marketing sector, as per SA's Quant ranking, one spot behind Amazon.
- Wall Street analysts and most Seeking Alpha authors rate the MELI stock BUY .
- Recent analysis from our contributors: 3 Things To Watch For In MercadoLibre's Upcoming Earnings by Heavy Moat Investments.
- MercadoLibre: High-Quality Exposure To Emerging Markets by Jonathan Wheeler.
- Recent News: In December, a Reuters report said that MercadoLibre is beginning tests with Meta Platforms to process payments via WhatsApp.
- MELI stock fell 37.2% in 2022, while the benchmark S&P 500 index slipped nearly 20% .
For further details see:
MercadoLibre Q4 earnings on deck, what to expect