MercadoLibre: Q2 Earnings Insights

MercadoLibre MELI reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.

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

Earnings

MercadoLibre beat estimated earnings by 23.98%, reporting an EPS of $2.43 versus an estimate of $1.96.

Revenue was up $894.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 1.57% increase in the share price the next day.

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

To track all earnings releases for MercadoLibre visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.