564.00 -5.49 (-0.96%)
Pre-market: 7:00AM EDT
|Bid||560.01 x 800|
|Ask||0.00 x 800|
|Day's range||563.03 - 589.00|
|52-week range||257.52 - 596.70|
|Beta (3Y monthly)||2.04|
|PE ratio (TTM)||N/A|
|Earnings date||31 Jul 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||536.93|
MercadoLibre (MELI) is seeing positive earnings estimate revisions suggesting that it could be a solid choice for investors.
The fast-growing African e-commerce platform operator may have briefly impressed the market with its first quarterly report as a public company, but challenges remain across all aspects of its business.
MercadoLibre (MELI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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The online retailer, colloquially known as the eBay of Latin America, crushed earnings expectations. One analyst says MercadoLibre owns “one of the world’s most valuable payment properties.”
The Buenos Aires, Argentina-based company said it had net income of 13 cents per share. The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment ...
MercadoLibre (MELI) is likely to benefit from strengthening online-to-offline offerings, payment initiatives and robust shipment services in the first-quarter 2019.
PayPal (PYPL) first-quarter 2019 results benefit from growing momentum of Venmo and One Touch which are bolstering its total active accounts number and total payment volume.
Chinese tech giant Tencent Holdings Ltd has invested in Argentine mobile banking service Uala, which also counts George Soros and Point72 Ventures LLC among its investors, the start-up's founder said. Uala founder Pierpaolo Barbieri said the company planned to collaborate with the Chinese social media-to-gaming giant to further develop its app. Chinese tech firms have been ramping up their interest in Latin America, from ride-hailing company Didi Chuxing to telecoms firm Huawei and search engine Baidu Inc.