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MercadoLibre: Revenue Jumps 38%

TheMotleyFool 
0 0 20.02.25
MercadoLibre: Revenue Jumps 38%Photo, wide shot, wide-angle lens, soft focus, IT consulting firm, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-uhXP0RHYYxDepjmHeSp1K8bF.png?st=2023-05-07T15%3A26%3A44Z&se=2023-05-07T17%3A26%3A44Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-07T16%3A18%3A55Z&ske=2023-05-08T16%3A18%3A55Z&sks=b&skv=2021-08-06&sig=4pcJOd8aEI1799liUV13F4ElqO7e4RZy8sa1PEeeNZA%3D
 

(NASDAQ:MELI), a leading e-commerce platform in Latin America, released its fourth-quarter 2024 earnings on February 20, 2025.

Delivering a significant earnings surprise, the company reported diluted earnings per share of $12.61, topping the analyst estimate of $7.90 by a large margin. Revenue for the quarter reached $6.1 billion, exceeding expectations of $5.88 billion.

The overall performance highlighted solid results across its e-commerce and fintech divisions, despite regional challenges.

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Source Fool.com

Mercadolibre Inc Stock

€1,589.8
-0.250%
Mercadolibre Inc shows a slight decrease today, losing -€4.000 (-0.250%) compared to yesterday.
The stock is an absolute favorite of our community with 36 Buy predictions and no Sell predictions.
With a target price of 2294 € there is a positive potential of 44.29% for Mercadolibre Inc compared to the current price of 1589.8 €.
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