MercadoLibre (MELI) Tops Q4 EPS by 32c

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MercadoLibre (MELI) shares tumble 8% after FQ4 net profit misses estimates

February 22, 2024 4:38 PM EST

MercadoLibre (NASDAQ: MELI) unveiled its FQ4 results on Thursday following the market close.

The companys earnings per share (EPS) for the quarter came in at $7.39, excluding items, which exceeded analysts' expectations of $7.07. Revenue stood at $4.26 billion, also better than the consensus... More