MercadoLibre, Inc. reports results for the quarter ended June 30 - Earnings Summary
MercadoLibre, Inc. reports results for the quarter ended June 30 - Earnings Summary
MercadoLibre, Inc. MELI.OQ reported quarterly adjusted earnings of $9.19 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $10.31. The mean expectation of eleven analysts for the quarter was for earnings of $8.66 per share. Wall Street expected results to range from $6.28 to $9.61 per share.
Revenue rose 49.8% to $10.17 billion from a year ago; analysts expected $9.72 billion.
MercadoLibre, Inc.'s reported EPS for the quarter was $9.19.
The company reported quarterly net income of $466 million.
MercadoLibre, Inc. shares had risen by 11.3% this quarter and lost 6.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 24.4% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"
Wall Street's median 12-month price target for MercadoLibre, Inc. is $2,162.33, about 12.7% above its last closing price of $1,888.50
This summary was machine generated from LSEG data August 5 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 8.66 | 9.19 | Beat |
Mar. 31 2026 | 8.66 | 8.23 | Missed |
Dec. 31 2025 | 11.47 | 11.03 | Missed |
Sep. 30 2025 | 9.34 | 8.32 | Missed |
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