MELI beat EPS expectations by 30.23%
Nov 07, 2024, 11:31 AM
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What does MELI do
MercadoLibre develops an online commerce platform offering e-commerce services across 18 Latin American countries. Its ecosystem includes six integrated services: marketplace, classifieds, payments, credit, logistics, and advertising.
MercadoLibre (MELI) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, MercadoLibre's actual EPS was $7.83, beating the estimate of $10.20 per share, resulting in a 30.23% surprise.
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