MercadoLibre: A Latin American E-Commerce Giant With Potential Upside [Seeking Alpha]
MercadoLibre, Inc. (MELI)
Last mercadolibre, inc. earnings: 2/10 04:01 pm
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US:NASDAQ Investor Relations:
investor.mercadolibre.com/investor-relations
Company Research
Source: Seeking Alpha
The company's digital advertising business is rapidly growing and taking market share in the region. The stock has pulled back, making it an attractive buy opportunity. MercadoLibre (NASDAQ: MELI ) is a Latin American company that is one of the world's largest e-commerce and fintech companies. The best part is that it still has additional revenue growth opportunities beyond e-commerce and fintech with its growing digital advertising business in the region. Management's excellent governance of its growth and profitability opportunities has made the stock one of the better market performers over the previous ten years, substantially beating the S&P 500 returns. The company reported fourth-quarter 2023 earnings on February 22, 2024. Although top-line growth was satisfactory, as the company beat analysts' consensus revenue estimates by $130 million, investors were worried about several items, including shrinking margins and missing analysts' GAAP earnings-per-share ("EPS") estimate
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MELI
News
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MELI
Earnings
- 5/2/24 - Beat
MELI
Sec Filings
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/25/24 - Form DEFA14A
- MELI's page on the SEC website