Group 1 - MercadoLibre reported quarterly earnings of $9.74 per share, exceeding the Zacks Consensus Estimate of $7.67 per share, and up from $6.78 per share a year ago, indicating strong performance [1] - The company achieved a revenue of $5.94 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 7.39%, compared to $4.33 billion in the same quarter last year [3] - Over the last four quarters, MercadoLibre has surpassed consensus EPS estimates three times and revenue estimates four times, showcasing consistent growth [2][3] Group 2 - The stock has increased approximately 31.1% since the beginning of the year, contrasting with a -4.7% decline in the S&P 500, indicating strong market performance [4] - The current consensus EPS estimate for the upcoming quarter is $10.42 on revenues of $6.08 billion, and for the current fiscal year, it is $46.12 on revenues of $25.79 billion [8] - The Internet - Commerce industry, to which MercadoLibre belongs, is currently ranked in the top 31% of over 250 Zacks industries, suggesting a favorable outlook for the sector [9]
MercadoLibre (MELI) Surpasses Q1 Earnings and Revenue Estimates