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Investing.com - MercadoLibre reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
MercadoLibre announced earnings per share of $1.37 on revenue of $1.70B. Analysts polled by Investing.com EPS of $0.2362 on revenue of $1.49B.
MercadoLibre 's are up 17.28% and is trading at $1,630.00 , still down 22.27% from its 52 week high of $2,019.88 set on Thursday, January 21, 2021.
MercadoLibre shares gained 3.82% to trade at $1,630.00 in after-hours trade the report.
MercadoLibre follows other major Consumer Discretionary sector earnings this month
MercadoLibre's report follows an earnings beat by Amazon.com on Thursday, July 29, 2021, who reported EPS of $15.12 on revenue of $113.08B, EPS of $12.23 on revenue of $115.42B.
Tesla had beat expectations on Monday, July 26, 2021 with second quarter EPS of $1.45 on revenue of $11.96B, for EPS of $0.9417 on revenue of $11.51B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar