Previous close | 1.2000 |
Open | 1.2000 |
Bid | 0.0000 |
Ask | 4.6000 |
Strike | 1,100.00 |
Expiry date | 2024-05-17 |
Day's range | 1.2000 - 1.2000 |
Contract range | N/A |
Volume | |
Open interest | 44 |
Latin America e-commerce giant MercadoLibre said on Thursday its first-quarter net profit surged 71% from a year earlier, beating analysts' estimates as its performance in Brazil and Mexico offset some negative effects in Argentina. MercadoLibre, which operates a marketplace in 18 countries and also owns the fintech Mercado Pago, posted a $344 million net profit in the three months, while analysts polled by LSEG had expected a $314 million net profit.
MercadoLibre's (MELI) first-quarter 2024 results are likely to reflect strength across e-commerce and fintech businesses.
MercadoLibre (MELI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.