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Investing.com - MercadoLibre reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
MercadoLibre announced earnings per share of $1.92 on revenue of $1.86B. Analysts polled by Investing.com EPS of $1.25 on revenue of $1.87B.
MercadoLibre 's are down 7.21% and is trading at $1,599.06 , still down 23.04% from its 52 week high of $2,019.88 set on Thursday, January 21, 2021.
MercadoLibre shares gained 2.87% to trade at $1,599.06 in after-hours trade the report.
MercadoLibre follows other major Services sector earnings this month
MercadoLibre's report follows an earnings missed by Amazon.com on Thursday, October 28, 2021, who reported EPS of $6.12 on revenue of $110.81B, EPS of $8.9 on revenue of $111.55B.
Visa A had beat expectations on Tuesday, October 26, 2021 with fourth quarter EPS of $1.62 on revenue of $6.56B, for EPS of $1.55 on revenue of $6.52B.
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