Is MELI's Heavy Latin America Exposure Limiting Growth Potential?

Key Takeaways MELI's second-quarter 2025 net income margin dropped to 7.7% from 10.5% due to Argentina's FX losses.The Zacks Consensus Estimate pegs third-quarter 2025 Brazil revenues at $3.47B or 51% of total revenue.A 91% jump in MELI's $9.3B credit portfolio adds to downside risk amid volatile regional credit conditions.MercadoLibre’s (MELI) concentrated exposure to Latin American markets is expected to continue dragging on profitability as the company faces a constrained growth runway in volatile econom ...