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MercadoLibre: Q1 Earnings Insights

MercadoLibre (NASDAQ:MELI) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings MercadoLibre missed estimated earnings by 3.7%, reporting an EPS of $1.3 versus an estimate of $1.35.
byBenzinga Insights
May 5, 2022
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MercadoLibre (NASDAQ:MELI) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

MercadoLibre missed estimated earnings by 3.7%, reporting an EPS of $1.3 versus an estimate of $1.35.

Revenue was up $870.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $1.87 which was followed by a 3.68% increase in the share price the next day.

Here’s a look at MercadoLibre’s past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.95 1.29 0.11 -0.01
EPS Actual -0.92 1.92 1.37 -0.68
Revenue Estimate 2.03B 1.86B 1.46B 1.14B
Revenue Actual 2.13B 1.86B 1.70B 1.38B

To track all earnings releases for MercadoLibre visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
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