Mercadolibre (Nasdaq: MELI ) reported earnings on Feb. 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Mercadolibre met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly. Non-GAAP earnings per share grew significantly. GAAP earnings per share increased significantly.
Gross margins contracted, operating margins grew, net margins grew.
Mercadolibre logged revenue of $103.8 million. The nine analysts polled by S&P Capital IQ predicted a top line of $105.3 million on the same basis. GAAP reported sales were 20% higher than the prior-year quarter's $86.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.69. The seven earnings estimates compiled by S&P Capital IQ predicted $0.61 per share. Non-GAAP EPS of $0.69 for Q4 were 47% higher than the prior-year quarter's $0.47 per share. GAAP EPS of $0.68 for Q4 were 42% higher than the prior-year quarter's $0.48 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 73.6%, 240 basis points worse than the prior-year quarter. Operating margin was 37.7%, 420 basis points better than the prior-year quarter. Net margin was 29.1%, 410 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $99.8 million. On the bottom line, the average EPS estimate is $0.56.
Next year's average estimate for revenue is $457.1 million. The average EPS estimate is $2.71.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,087 members out of 1,160 rating the stock outperform, and 73 members rating it underperform. Among 273 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 260 give Mercadolibre a green thumbs-up, and 13 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Mercadolibre is outperform, with an average price target of $95.78.
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