MercadoLibre's Earnings Outlook
Portfolio Pulse from Benzinga Insights
MercadoLibre (NASDAQ:MELI) is set to release its quarterly earnings report on November 1, 2023. Analysts estimate an earnings per share (EPS) of $5.86. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. The stock is currently trading at $1226.24, up 45.75% over the last 52-week period.
October 31, 2023 | 9:01 pm
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MercadoLibre is expected to report an EPS of $5.86 in its upcoming earnings report. The company has a history of beating EPS estimates, which has often led to an increase in its share price. The stock is currently up 45.75% over the last 52-week period.
The company's history of beating EPS estimates suggests a positive outlook for the upcoming earnings report. This, combined with the stock's strong performance over the past year, indicates a potential positive impact on the stock price in the short term.
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