MercadoLibre (NASDAQ:MELI) reported its Q4 earnings results on Tuesday, February 22, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
MercadoLibre missed estimated earnings by 196.84%, reporting an EPS of $-0.92 versus an estimate of $0.95.
Revenue was up $804.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.63 which was followed by a 4.71% increase in the share price the next day.
Here's a look at MercadoLibre's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.29 | 0.11 | -0.01 | |
| EPS Actual | 1.92 | 1.37 | -0.68 | -1.02 |
| Revenue Estimate | 1.86B | 1.46B | 1.14B | 1.21B |
| Revenue Actual | 1.86B | 1.70B | 1.38B | 1.33B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
