Montevideo, Feb. 19, 2024 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com) announces that it intends to release financial results for its fourth fiscal quarter ending December 31, 2023, on February 22, 2024. The Company will host its earnings results video conference, as well as a conference call and audio webcast, on February 22, at 5:00 p.m. Eastern Time. In order to access our video webcast and the live audio, investors, analysts and the market in general may access the ...

Bloomberg/Bloomberg via Getty Images MercadoLibre (NASDAQ:MELI) is a core holding in my portfolio at over 6%. In October, I published my last update on the stock. In this article, I talked about a few main KPIs I watch for MELI going into the earnings report, estimated for the 22nd February: Credit business development Gross Merchandise Volume (GMV) Total Payment Volume (TPV) and TPV OFF (TPV outside the MercadoLibre ecosystem) Take rates for eCommerce and Fintech business segments I also made changes ...

MercadoLibre (MELI) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this operator of an online marketplace and payments system in Latin America have returned +6.8% over the past month versus the Zacks S&P 500 composite's +4.6% change. The Zacks Internet - Commerce industry, to which MercadoLibre belongs, has gained 6.9% over this period. Now the key question is: Where could t ...

The e-commerce industry is adept at producing millionaire-maker stocks. Amazon climbed over 500-fold from the depths of the dot-com bust in the early 2000s, and many legacy brick-and-mortar retailers drove significant returns by integrating e-commerce with in-store retailing.However, one top e-commerce company that may receive less attention is MercadoLibre (MELI 2.35%). The Latin American conglomerate does not operate in the U.S., so American investors can easily overlook it. Still, with its e-commerce suc ...

Bloomberg/Bloomberg via Getty ImagesMercadoLibre (NASDAQ:MELI), often regarded as the Amazon (AMZN) of Latin America, has everything I'm looking for in an investment in today's market. MercadoLibre is on a very short list of companies that are highly likely to grow both revenues and net income by more than 20% annually for the foreseeable future, yet it trades at a valuation that isn't all that demanding. Let's dive in. Introduction To MercadoLibre So many times, investors struggle with the most importa ...

MercadoLibre (MELI) closed the latest trading day at $1,706.24, indicating a -1.56% change from the previous session's end. This change lagged the S&P 500's daily loss of 1.37%. Elsewhere, the Dow saw a downswing of 1.35%, while the tech-heavy Nasdaq depreciated by 1.8%.Shares of the operator of an online marketplace and payments system in Latin America have appreciated by 4.5% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 6.07% and the S&P 500's gain of 5.1%.The i ...

What would you do if you could rewind the clock 20 years and buy Amazon stock? I would guess just about everybody would buy it knowing what they do today -- and watch their investment gain more than 7,000%.Since you can't turn back the clock, you might be interested in buying stock in a company that, in many ways, is quite similar to Amazon, but reporting even higher growth rates than Amazon did 20 years ago. MercadoLibre (MELI 0.54%) stock has gained about 6,000% in its lifetime -- but you should still buy ...

MercadoLibre (MELI) closed the most recent trading day at $1,713.87, moving +0.2% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.82%. At the same time, the Dow added 0.41%, and the tech-heavy Nasdaq gained 0.95%.The operator of an online marketplace and payments system in Latin America's shares have seen an increase of 8.71% over the last month, surpassing the Retail-Wholesale sector's gain of 7.3% and the S&P 500's gain of 5.59%.The investment community ...

For moves that don't improve the underlying strength of a company's business, stock splits garner a lot of attention, at least when conducted by prominent corporations. In part, that's because they make it easier for investors on a budget to purchase a single share. So when a stock starts getting too expensive, it could be a sign that the company may conduct a stock split relatively soon.Let's consider two stocks that have beaten the market in recent years and, some would say, are overdue for a split: Merca ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about MercadoLibre (MELI) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.MercadoLibre currently has an average ...