MercadoLibre Stock Tanks 15% After Earnings Miss -- But Is This the Buy Signal? [Yahoo! Finance]
MercadoLibre, Inc. (MELI)
Last mercadolibre, inc. earnings: 2/10 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.mercadolibre.com/investor-relations
Company Research
Source: Yahoo! Finance
The Latin American e-commerce giant saw revenue climb 35% year-over-year, but gross merchandise volume grew just 14%a slower pace than expected. The good news? Unique buyers shot up by 21%, with Brazil leading the pack, hinting at strong regional demand. But with EPS landing at $7.83, short of the $9.85 consensus, and adjusted EBITDA falling to $714 million against an anticipated $928 million, it's clear investors weren't thrilled. Warning! GuruFocus has detected 4 Warning Sign with MELI. On the fintech front, MercadoLibre's Mercado Pago service continued to gain traction, with monthly active users up 35% year-over-year, reaching 56 million. The booming credit portfolio and expansion across Brazil, Mexico, and Argentina gave fintech a big lift. However, the company's heavy investment in credit and logistics expansion did weigh on margins. Despite short-term pressures, MercadoLibre isn't shying away from doubling down on these key growth drivers, setting up for what management sees
Show less
Read more
Impact Snapshot
Event Time:
MELI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MELI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MELI alerts
High impacting MercadoLibre, Inc. news events
Weekly update
A roundup of the hottest topics
MELI
News
- 3 Unstoppable Multibaggers Up Between 965% and 3,450% Since 2014 to Buy After a Recent Pullback [Yahoo! Finance]Yahoo! Finance
- 2 Stocks That Could Be Easy Wealth Builders [Yahoo! Finance]Yahoo! Finance
- Essendant Expands Digital Offering to Include Mercado Libre, Latin America's Largest Ecommerce MarketplacePR Newswire
- MercadoLibre, Inc. (NASDAQ: MELI) had its price target lowered by analysts at JPMorgan Chase & Co. from $2,400.00 to $2,150.00. They now have a "neutral" rating on the stock.MarketBeat
- Why We Like The Returns At MercadoLibre (NASDAQ:MELI) [Yahoo! Finance]Yahoo! Finance
MELI
Earnings
- 11/6/24 - Miss
MELI
Sec Filings
- 11/7/24 - Form 10-Q
- 11/6/24 - Form 8-K
- 11/4/24 - Form SCHEDULE
- MELI's page on the SEC website