Investing.com - MercadoLibre reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
MercadoLibre announced earnings per share of $-0.92 on revenue of $2.13B. Analysts polled by Investing.com EPS of $0.9973 on revenue of $2.02B.
MercadoLibre 's are down 34.15% and is trading at $887.86 , still down 54.93% from its 52 week high of $1,970.13 set on Thursday, September 2, 2021.
MercadoLibre follows other major Consumer Discretionary sector earnings this month
MercadoLibre's report follows an earnings beat by Amazon.com on Thursday, February 3, 2022, who reported EPS of $27.75 on revenue of $137.41B, EPS of $3.61 on revenue of $137.68B.
Tesla had beat expectations on Wednesday, January 26, 2022 with fourth quarter EPS of $2.54 on revenue of $17.72B, for EPS of $2.36 on revenue of $17.13B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar