Why MercadoLibre Inc. Stock Fell 11% Today
Shares of MercadoLibre (NASDAQ: MELI) fell as much as 11.7% on Friday, hitting that low around 2:45 p.m. EDT, after the Buenos Aires-based e-commerce company reported second-quarter earnings Thursday night.
Analysts had been looking for adjusted earnings near $1.03 per share on revenues of roughly $311 million. Sales jumped 59% higher year over year to land at $317 million, easily clearing the analyst bar, but the earnings figure fell far short at $0.61 per share.
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Source: Fool.com
Mercadolibre Inc Aktie
1.658,2 €
4,92 %
Die Community ist sich einig: Mercadolibre Inc nur mit Buy-Einschätzungen, keine Sell-Einschätzungen.
Das Kursziel von 2294 € für Mercadolibre Inc weist auf eine potenzielle Steigerung von über 20% gegenüber dem aktuellen Kurs von 1658.2 € hin.
