MercadoLibre, Inc. Reports First Quarter Financial Results

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MercadoLibre (MELI) PT Raised to $290 at Credit Suisse; 'Tougher Comparisons Not Yet Hitting Item Sold Growth as Mexico Accelerates'

May 5, 2017 8:52 AM EDT

Credit Suisse raised its price target on MercadoLibre (NASDAQ: MELI) to $290.00 (from $260.00) while maintaining a Outperform rating.

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MercadoLibre (MELI) Tops Q1 EPS by 31c

May 4, 2017 5:00 PM EDT

MercadoLibre (NASDAQ: MELI) reported Q1 EPS of $1.10, $0.31 better than the analyst estimate of $0.79. Revenue for the quarter came in at $273.9 million versus the consensus estimate of $246.81 million.

53.2 million Sold Items, up 38.6%, 44.1 million Total Payment Transactions, up 60.1%Net Revenues of $273.9 million, growing... More