MercadoLibre (MELI) Reports Q3 Earnings: What Key Metrics Have to Say

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 -- ...