MercadoLibre (MELI) Trades Higher Ahead of Earnings After the Close
Tweet
Share
E-mailGet Alerts MELI Hot Sheet
Price: $1,724.90 +0.73%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +42.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +42.6%
Join SI Premium – FREE
Shares of MercadoLibre (Nasdaq: MELI) are 8% this afternoon ahead of Q1 results due after the close. On average, analysts are looking for EPS of $0.09 and revenues of $26.7 million.
In Q4, MercadoLibre reported that Q4 revenues rose 74% and net income rose 189%. Shares of MELI are up 50% since reporting Q4 results.
Analysts are generally positive on MELI heading into the report. 5 of 6 analysts have Buy ratings.
Mercadolibre hosts an online trading and payments platform in Latin America.
In Q4, MercadoLibre reported that Q4 revenues rose 74% and net income rose 189%. Shares of MELI are up 50% since reporting Q4 results.
Analysts are generally positive on MELI heading into the report. 5 of 6 analysts have Buy ratings.
Mercadolibre hosts an online trading and payments platform in Latin America.
You May Also Be Interested In
- New Street Research Starts MercadoLibre (MELI) at Buy
- Oppenheimer says these stocks could be new AI software winners
- Buy this luxury stock as weakness is well-understood — Analyst
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
