Stock rises after the signal. The TradePulse Power inflow Signal was triggered at 10:35 am ET.Today, MercadoLibre Inc, (MELI) experienced a Power Inflow, a crucial event for investors who use order flow analytics in their investment strategies. This Power Inflow shifts from a net selling or distribution phase to a net buying or accumulation environment, illustrating a significant inflow that exceeds outflow. Such a change is commonly viewed as a sign of heightened investor confidence and a short-term uptren ...

Great companies are found in every type of market landscape.When it comes to investing in the right companies for your portfolio, you need to ensure you select businesses that you understand and have the competitive advantages, financials, and leadership to drive lasting growth.If you're looking for growth stocks that have what it takes to perform well for investors not just now but over the next five years and beyond, there are multiple contenders to consider. Here are two that look like excellent addition ...

FG Trade/E+ via Getty Images Investment Thesis MercadoLibre (NASDAQ:MELI) delivered a whopping strong Q2 204 earnings result. Not only were its revenues very strong, but its profit margin was the best in many years. Moreover, MercadoLibre's balance sheet is now in a very powerful position, which leaves MercadoLibre with ample flexibility to make a large needle-moving acquisition. And yet, according to my estimates, the stock is now priced at approximately 50x this year's free cash flow. In sum, although ...

Leila Melhado Introduction On Thursday, after the market closed, MercadoLibre (NASDAQ:MELI) reported its Q2 2024 earnings and let me tell you from the start that I was really impressed. If you don't know Mercado Libre (well), here's a quick introduction. Mercado Libre is the leading e-commerce and fintech company in Latin America. It all started with a marketplace, think Amazon, and over the years, it has extended to a whole platform. This is what the company added over the years: MercadoPago: A digita ...

MercadoLibre (MELI) reported $5.07 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 48.6%. EPS of $10.48 for the same period compares to $5.16 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.76 billion, representing a surprise of +6.50%. The company delivered an EPS surprise of +20.18%, with the consensus EPS estimate being $8.72.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 -OR- ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 001-33647 MercadoLibre, Inc. (Exact name of Registrant as specified in its Charter) Delaware ...

MercadoLibre (MELI) reported second-quarter 2024 earnings of $10.48 per share, which beat the Zacks Consensus Estimate by 20.2%. The company reported earnings of $5.16 per share in the year-ago quarter.Revenues surged 42% on a year-over-year basis (113% on a FX-neutral basis) to $5.07 billion. The top line surpassed the Zacks Consensus Estimate by 6.5%.Total revenues were driven by accelerating commerce and fintech revenues, which grew 53.4% and 27.5% year over year to $2.97 billion and $2.1 billion, respec ...

A strong earnings report helped the e-commerce company buck the broader sell-off.Shares of MercadoLibre (MELI 10.59%), the Latin America e-commerce giant, were climbing today even as the broad stock market collapsed following a weak unemployment report.MercadoLibre was shining after delivering a strong earnings report last night, posting another round of breakout growth. The stock was up 10% as of 12:01 p.m. ET on Friday. MercadoLibre keeps growing and growingThe company reported revenue growth of 42% (or 1 ...

MercadoLibre stock is soaring after earnings beat expectations.In this video, I will be talking about MercadoLibre's (MELI 9.56%) recent earnings report and why it might be the best e-commerce stock to own right now. Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Aug. 1, 2024. The video was published on Aug. 1, 2024. ...

MercadoLibre, Inc. (NASDAQ:MELI) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Richard Cathcart – Investor Relations Officer Marcos Galperín – Chief Executive Officer Martin de los Santos – Chief Financial Officer Osvaldo Gimenez – Fintech President Ariel Szarfsztejn – Commerce President Conference Call Participants Andrew Ruben – Morgan Stanley Irma Sgarz – Goldman Sachs Robert Ford – Bank of America Marcelo Santos – JPMorgan Maria Clara Infantozzi – Itaú Kaio Da Prato – U ...