MercadoLibre (NASDAQ:MELI – Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $6.64 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
MercadoLibre (NASDAQ:MELI – Get Free Report) last released its earnings results on Thursday, February 22nd. The company reported $3.25 EPS for the quarter, missing analysts’ consensus estimates of $6.66 by ($3.41). The business had revenue of $4.26 billion for the quarter, compared to the consensus estimate of $4.14 billion. MercadoLibre had a return on equity of 39.07% and a net margin of 6.82%. The company’s revenue for the quarter was up 42.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.25 earnings per share. On average, analysts expect MercadoLibre to post $34 EPS for the current fiscal year and $49 EPS for the next fiscal year.
MercadoLibre Stock Performance
Shares of NASDAQ MELI traded up $27.61 during mid-day trading on Tuesday, reaching $1,465.97. 270,014 shares of the company’s stock were exchanged, compared to its average volume of 382,865. The firm has a market capitalization of $74.32 billion, a price-to-earnings ratio of 73.61, a price-to-earnings-growth ratio of 0.94 and a beta of 1.44. MercadoLibre has a 52 week low of $1,063.02 and a 52 week high of $1,825.00. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.24. The firm has a 50-day moving average price of $1,516.76 and a two-hundred day moving average price of $1,534.06.
Analyst Upgrades and Downgrades
Read Our Latest Research Report on MercadoLibre
About MercadoLibre
MercadoLibre, Inc operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.
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