MercadoLibre's (MELI -1.18%) stock sank 10% on Feb. 23 in response to its fourth-quarter earnings report. The Latin American e-commerce leader's revenue rose 42% year over year (83% on a currency neutral basis) to $4.26 billion and exceeded analysts' estimates by $130 million. However, its diluted earnings stayed flat at $3.25 per share and broadly missed the consensus forecast of $7.17 per share.That earnings miss was jarring, but a closer look indicates its core business is still firing on all cylinders. ...

Investors with an interest in Internet - Commerce stocks have likely encountered both PDD Holdings Inc. (PDD) and MercadoLibre (MELI) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight st ...

In this video, I will be talking about MercadoLibre's (MELI -10.15%) recent earnings report and why it might be a buying opportunity.*Stock prices used were from the trading day of Feb. 22, 2024. The video was published on Feb. 23, 2024. ...

MercadoLibre (MELI) reported fourth-quarter 2023 earnings of $3.25 per share, which missed the Zacks Consensus Estimate by 51.2%. The bottom-line remained flat year over year. Revenues surged 41.9% on a year-over-year basis (83.2% on a FX-neutral basis) to $4.26 billion. The top line surpassed the Zacks Consensus Estimate by 2.83%. Total revenues were driven by accelerating commerce and fintech revenues, which grew 48% and 34% year over year to $2.46 billion and $1.8 billion, respectively. Revenues from MEL ...

Shares of MercadoLibre (MELI -10.81%) were sliding today as a narrowing gross margin and expectations of slowing growth seemed to overshadow a strong quarter. The company's reported profit was also impacted by a one-time tax liability.As a result, the stock was trading down 12.9% as of 10:31 a.m. ET. MercadoLibre's hot streak cools offThe Latin American e-commerce and digital payments specialist has been a top performer throughout its history and has delivered brisk growth coming out of the peak of the pand ...

This presentation may contain forward-looking All the information included in this presentation is statements including, but not limited to, statements updated as of December 31st, 2023. Except as may regarding MercadoLibre, Inc.'s expectations, be required by applicable law, we assume no objectives and progress against strategic priorities; obligation to publicly update or revise our initiatives and strategies related to our products statements. and services; business and market outlook, Certain monetary a ...

MercadoLibre, Inc. (NASDAQ:MELI) Q4 2023 Earnings Conference Call February 22, 2024 5:00 PM ET Company Participants Richard Cathcart - IR Officer Marcos Galperin - CEO Martin de los Santos - CFO Osvaldo Gimenez - President, Fintech Ariel Szarfsztejn - Commerce EVP Conference Call Participants Andrew Ruben - Morgan Stanley Irma Sgarz - Goldman Sachs Robert Ford - Bank of America Kaio Prato - UBS Maria Clara Infantozzi - Itau BBA Trevor Young - Barclays João Soares - Citi Deepak Mathivanan - Wolfe Research Ma ...

MercadoLibre (MELI) came out with quarterly earnings of $3.25 per share, missing the Zacks Consensus Estimate of $6.66 per share. This compares to earnings of $3.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -51.20%. A quarter ago, it was expected that this operator of an online marketplace and payments system in Latin America would post earnings of $5.85 per share when it actually produced earnings of $7.16, delivering a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ☒ ACT OF 1934 For the fiscal year ended December 31, 2023 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, In ...

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