Investors could not find any enthusiasm in the company's latest reported figures. MercadoLibre (MELI 5.52%) is sometimes called the Amazon (AMZN -0.89%) of Latin America, and it is generating growth rates that exceed its U.S. doppelganger's. *Stock prices used were the afternoon prices of Nov. 6, 2024. The video was published on Nov. 8, 2024. ...

I aim to invest in companies with perfect qualitative attributes, buy them at an attractive price based on fundamentals, and hold them forever. I hope to publish articles covering such companies approximately 3 times per week, with extensive quarterly follow-ups and constant updates.I manage a concentrated portfolio targeted at avoiding losers and maximizing exposure to big winners. This means that often I'll rate great companies at a 'Hold' because their growth opportunity is below my threshold, or their d ...

One of the darlings of LatAm stocks posted a dip of more than 15% after the release of Q3 earnings . Despite great revenue growth, which registered 35% YoY growth and a beat on estimates, MercadoLibre (Equity Research Analyst with a broad career in the financial market, covered both Brazilian and global stocks. As a value investor, my analysis is primarily fundamental, focusing on identifying undervalued stocks with growth potential.Associated with the existing author D.M. Martins Research.Analyst’s Disclos ...

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 September 30, 2024 -OR- ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF T ...

Investors wanted to see much higher profits but they might be thinking too short-term.Shares of Latin American e-commerce platform, logistics network, and financial technology (fintech) giant MercadoLibre (MELI -16.98%) sank on Thursday after reporting financial results for the third quarter of 2024. The company's profits came up quite short of expectations. And that's why MercadoLibre stock was down nearly 16% as of 1 p.m. ET.Investors are worried about profitsMercadoLibre still has no problem whatsoever w ...

MercadoLibre (MELI) reported third-quarter 2024 earnings of $7.83 per share, which missed the Zacks Consensus Estimate by 30.52% but increased 9.4% year over year.Revenues rose 35% on a year-over-year basis (103% on a FX-neutral basis) to $5.3 billion. The top line surpassed the Zacks Consensus Estimate by 1.11%.Total revenues were driven by accelerating commerce and fintech revenues, which grew 48% and 21% year over year to $2.12 billion and $1.79 billion, respectively.Revenues from MELI’s advertising serv ...

MercadoLibre TodayMELIMercadoLibre$1,820.49 -296.81 (-14.02%) 52-Week Range$1,324.99▼$2,161.73P/E Ratio65.79Price Target$2,301.67Add to WatchlistMercado Libre NASDAQ: MELI share prices imploded after the Q3 results because of the large miss with the bottom line result, opening up a significant opportunity for investors. The miss is primarily due to business investment, including the fintech and merchant segments, which is ultimately good news for investors.  Investments include six new fulfillment centers ...

One share of MercadoLibre stock will cost investors close to $2,000.In today's video, I will talk about MercadoLibre's (MELI 1.31%) third-quarter earnings report. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 6, 2024. The video was published on Nov. 6, 2024. ...

MercadoLibre (MELI) reported $5.31 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 41.3%. EPS of $7.83 for the same period compares to $7.16 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $5.25 billion, representing a surprise of +1.11%. The company delivered an EPS surprise of -30.52%, with the consensus EPS estimate being $11.27.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Q3'24 Results Investor Presentation MercadoLibre, Inc. > November 6th, 2024 Disclaimers Third Quarter 2024 This presentation may contain forward-looking statements including, but not limited to, statements regarding MercadoLibre, Inc.'s expectations, objectives and progress against strategic priorities; initiatives and strategies related to our products and services; business and market outlook, opportunities, strategies and trends; impacts of foreign exchange; the potential impact of the uncertain macroeco ...