MercadoLibre (MELI) beats Q4 earnings and sales estimates
- $MELI (-4,31%) MercadoLibre (MELI) reported sales of USD 6.06 billion for the quarter ended December 2024, an increase of 42.2% year-on-year.
- Earnings per share (EPS) of USD 12.61 for the same period compares to USD 3.25 in the previous year.
- The reported revenue is above the Zacks Consensus Estimate of $5.84 billion, which is a surprise of +3.71%.
- The company delivered an EPS surprise of +73.69%, where the consensus EPS estimate was $7.26.
- Gross merchandise volume was $14.55 billion compared to the average estimate of $14.71 billion based on four analysts.
- Total payment volume amounted to USD 58.91 billion compared to the average estimate of USD 59.80 billion based on two analysts.
- Geographic revenue - Argentina: $1.31 billion compared to the average estimate of $941.23 million based on two analysts.