MercadoLibre, Inc. Reports First Quarter 2021 Financial Results
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Stifel Upgrades MercadoLibre (MELI) to Buy
May 6, 2021 5:20 AM EDTStifel analyst Scott Devitt upgraded MercadoLibre (NASDAQ: MELI) from Hold to Buy with a price target of $1,800.00.
The analyst comments "MercadoLibre reported another strong quarter as volume on the platform accelerated sequentially in Brazil and Mexico. Consolidated GMV increased 114% y/y FX-adj.... More
MercadoLibre (MELI) Misses Q1 EPS by 67c, Revenue Beats
May 5, 2021 5:35 PM EDTMercadoLibre (NASDAQ: MELI) reported Q1 EPS of ($0.68), $0.67 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.14 billion.
For earnings history and earnings-related data on MercadoLibre (MELI) click here.
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