MercadoLibre, Inc. Reports Second Quarter 2020 Financial Results

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Go back to MercadoLibre, Inc. Reports Second Quarter 2020 Financial Results

MercadoLibre (MELI) PT Raised to $1,191 at Cowen

August 11, 2020 6:32 AM EDT

Cowen analyst Thomas Champion raised the price target on MercadoLibre (NASDAQ: MELI) to $1,191.00 (from $1,069.00) while maintaining a Market Perform rating.

The analyst commented, "MELI 2Q results beat consensus est's on GMV, revenue, TPV and EBITDA driven by greater adoption of eCommerce and... More

MercadoLibre (MELI) Tops Q2 EPS by $1.09

August 10, 2020 8:27 AM EDT

MercadoLibre (NASDAQ: MELI) reported Q2 EPS of $1.11, $1.09 better than the analyst estimate of $0.02. Revenue for the quarter came in at $878.4 million versus the consensus estimate of $754.21 million.

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

... More