22.02.2024 22:39:57 - dpa-AFX: Mercadolibre Inc. Q4 Profit misses estimates

BUENOS AIRES (dpa-AFX) - Mercadolibre Inc. (MELI) revealed a profit for
fourth quarter that missed the Street estimates.

The company's earnings came in at $165 million, or $3.25 per share. This
compares with $165 million, or $3.25 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $7.08 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 42.0% to $4.26 billion from $3.00
billion last year.

Mercadolibre Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $165 Mln. vs. $165 Mln. last year.
-EPS (Q4): $3.25 vs. $3.25 last year.
-Analyst Estimates: $7.08
-Revenue (Q4): $4.26 Bln vs. $3.00 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MercadoLibre A0MYNP NASDAQ 1.648,390 28.06.24 21:30:04 -12,500 -0,75% 1.646,980 1.649,000 1.663,670 1.660,890

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