MercadoLibre (MELI) shares surged on Friday after the Latin American e-commerce giant's fourth-quarter earnings came in well above expectations.
MercadoLibre NASDAQ: MELI is not without hurdles; no company is, but it is well-positioned to sustain high-quality growth for the next decade, and you can buy it for 50 cents to the dollar.
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MercadoLibre, Inc. (NASDAQ:MELI ) Q4 2024 Earnings Conference Call February 20, 2024 5:00 PM ET Company Participants Richard Cathcart - Investor Relations Officer Martin de los Santos - CFO Osvaldo Gimenez - Fintech President Ariel Szarfsztejn - Commerce President Conference Call Participants Andrew Ruben - Morgan Stanley Irma Sgarz - Goldman Sachs Neha Agarwala - HSBC Rodrigo Gastim - Itau BBA Robert Ford - Bank of America Joao Soares - Citi Zachary Gunn - FT Partners Josh Beck - Raymond James Deepak Mathivanan - Cantor Fitzgerald Kaio Da Prato - UBS Richard Cathcart Hello, everyone, and welcome to the MercadoLibre Earnings Conference Call for the Quarter Ended December 31, 2024. Thank you for joining us.
While the top- and bottom-line numbers for MercadoLibre (MELI) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
MercadoLibre (MELI) came out with quarterly earnings of $12.61 per share, beating the Zacks Consensus Estimate of $7.26 per share. This compares to earnings of $3.25 per share a year ago.
Here's our initial take on MercadoLibre's (MELI 1.67%) fourth-quarter financial report.
MercadoLibre (MELI 1.67%), a leading e-commerce platform in Latin America, released its fourth-quarter 2024 earnings on February 20, 2025.
The MercadoLibre stock price has soared this year and is hovering near its all-time high as traders shift to its upcoming financial results. MELI surged to a high of $2,100 on Wednesday, its highest level since November 2025.
MELI's Q4 outlook suggests strategic growth amid margin pressures. Investors may want to hold or await better entry points despite strong operational momentum.
Zacks.com users have recently been watching MercadoLibre (MELI) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
MercadoLibre (MELI) concluded the recent trading session at $2,035.18, signifying a -0.34% move from its prior day's close.