MercadoLibre: Q3 Earnings Insights

MercadoLibre MELI reported its Q3 earnings results on Thursday, November 4, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

MercadoLibre their estimated earnings by 48.84%, reporting an EPS of $1.92 versus an estimate of $1.29, which surprised analysts.

Revenue was up $741,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.26, which was followed by a 13.76% increase in the share price the next day.

Here's a look at MercadoLibre's past performance:

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