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MercadoLibre (MELI) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
MELIMercadoLibre(MELI) ZACKS·2024-08-02 23:01

MercadoLibre (MELI) reported 5.07billioninrevenueforthequarterendedJune2024,representingayearoveryearincreaseof48.65.07 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 5.16ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof5.16 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 ...