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MercadoLibre: Revenue Jumps 38%


(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

€1,722.2
0.300%
Mercadolibre Inc gained 0.300% compared to yesterday.
The stock is an absolute favorite of our community with 41 Buy predictions and no Sell predictions.
With a target price of 2435 € there is a positive potential of 41.39% for Mercadolibre Inc compared to the current price of 1722.2 €.
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