MercadoLibre Poised For 30% Upside As Gross Merchandise Value And Payment Volume Surge, Says Goldman Sachs

MercadoLibre Inc MELI is expected to report its third quarter 2024 in late October/early November.MercadoLibre operates online marketplaces dedicated to e-commerce and online auctions. The analysts estimate adjusted EPS of $10.55 with revenues of $5.25 billion, as per data from Benzinga Pro.Goldman Sachs anticipates MercadoLibre will deliver another strong performance in the third quarter of 2024, driven by robust growth in gross merchandise value (GMV), which is expected to boost its e-commerce market shar ...