From Nasdaq: 2025-05-08 11:01:00

MercadoLibre (MELI) reported Q1 2025 earnings of $9.74 per share, beating estimates by 26.99% and increasing 43.7% YoY. Revenues rose 37% YoY to $5.9 billion, surpassing estimates by 7.39%. Commerce and fintech revenues drove growth, with Brazil and Mexico showing strong momentum. Fintech Monthly Active Users rose 31% YoY to 64.3 million.

In Brazil, net revenues reached $3.08 billion, up 19.9% YoY. Argentina saw revenues of $1.38 billion, up 124.7% YoY. Mexico reported net revenues of $1.22 billion, up 25.8% YoY. Other countries generated revenues of $249 million, up 41.5% YoY. GMV reached $13.3 billion, up 17% YoY.

Operating margin for Q1 expanded to 12.9% YoY. Cash and cash equivalents were $2.98 billion as of March 31, with short-term investments at $741 million. Net debt stood at $2.77 billion. MELI currently holds a Zacks Rank #3 (Hold), with Alibaba, Costco Wholesale, and Canada Goose as better-ranked stocks in the Retail-Wholesale sector.

Experts suggest 7 elite stocks for the next 30 days, including Alibaba, Costco Wholesale, and Canada Goose. Shares of Alibaba have gained 45.3% YTD, while Costco and Canada Goose are set to report their Q4 fiscal 2025 results in May. For more insights, visit Zacks Investment Research.



Read more at Nasdaq: MercadoLibre’s Q1 Earnings Beat Estimates, Revenues Rise Y/Y