Gold prices fall as geopolitical tensions ease; U.S. CPI looms
Investing.com - MercadoLibre reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
MercadoLibre announced earnings per share of $2.43 on revenue of $2.6B. Analysts polled by Investing.com EPS of $1.93 on revenue of $2.51B.
MercadoLibre 's are down 33.93% and is trading at $890.00 , still down 54.78% from its 52 week high of $1,970.13 set on Thursday, September 2, 2021.
MercadoLibre shares lost 0.10% to trade at $890.00 in after-hours trade the report.
MercadoLibre follows other major Consumer Discretionary sector earnings this month
MercadoLibre's report follows an earnings missed by Amazon.com on Thursday, July 28, 2022, who reported EPS of $-0.2 on revenue of $121.23B, EPS of $0.1199 on revenue of $119B.
Tesla had beat expectations on Wednesday, July 20, 2022 with second quarter EPS of $2.27 on revenue of $16.93B, for EPS of $1.81 on revenue of $16.54B.
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