Mercado Libre (MELI) Tops Q4 EPS by 19c, Sales Beat

Mercado Libre (NASDAQ: MELI) reported Q4 EPS of $0.88, $0.19 better than the analyst estimate of $0.69. Revenue for the quarter came in at $180.7 million versus the consensus estimate of $171.62 million.

Pedro Arnt, Chief Financial Officer of MercadoLibre, Inc., commented, “We exited 2015 on a favorable trajectory across all our major initiatives, allowing us to wrap up one of the strongest years ever in terms of executing the strategic vision we set forth for the company. As we delve into our 2016 plan and beyond, we remain constant in our belief that product driven innovation and a customer-centric culture across our BU’s will be the cornerstones of our efforts during the year.”

For earnings history and earnings-related data on Mercado Libre (MELI) click here.

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