Market Overview

Mercadolibre Q4 Earnings Preview

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Mercadolibre (NASDAQ: MELI) releases its next round of earnings Thursday. Here's Benzinga's essential guide to Mercadolibre's Q4 earnings report.

Earnings and Revenue

Analysts covering Mercadolibre modeled for quarterly EPS of 52 cents per share on revenue of $404.4 million.

In the same quarter last year, Mercadolibre posted a profit of $1.16 on sales of $256.27 million. If the company were to post earnings inline with the consensus estimate when it reports Thursday, EPS would be down 55.17 percent. Sales would be have grown 57.81 percent from the same quarter last year.

The company's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.74 1.05 0.78 0.92
EPS Actual 0.63 0.61 1.1 1.16

 

Stock Performance

Over the last 52-week period, shares are up 89.38 percent. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.

Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The average rating by analysts on Mercadolibre stock is a Neutral. The strength of this rating has risen over the past 90 days.

Conference Call

Mercadolibre's Q4 is scheduled to hold a conference call at 8:00 a.m. ET and it can be accessed here: https://www.mercadolibre.com.ar/

Posted-In: Earnings News Previews Trading Ideas

 

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