The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Mercadolibre's revenues will expand 20.3% and EPS will decrease 0.0%.
The average estimate for revenue is $98.2 million. On the bottom line, the average EPS estimate is $0.60.
Last quarter, Mercadolibre reported revenue of $88.8 million. GAAP reported sales were 28% higher than the prior-year quarter's $69.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.57. GAAP EPS of $0.57 for Q2 were 68% higher than the prior-year quarter's $0.34 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 73.1%, 250 basis points worse than the prior-year quarter. Operating margin was 35.9%, 480 basis points better than the prior-year quarter. Net margin was 28.6%, 720 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $380.5 million. The average EPS estimate is $2.25.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,069 members out of 1,142 rating the stock outperform, and 73 members rating it underperform. Among 268 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 254 give Mercadolibre a green thumbs-up, and 14 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 $97.38.
Internet software and services are being consumed in radically different ways, on new and increasingly mobile devices. Is Mercadolibre on the right side of the revolution? Check out the changing landscape and meet the company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add Mercadolibre to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of MercadoLibre. Motley Fool newsletter services recommend MercadoLibre. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Why MercadoLibre Stock Gained 101.5% in 2017
The Latin American e-commerce leader's share price soared to new heights thanks to explosive revenue growth.
Where Will Mercadolibre Inc Be in 5 Years?
If my crystal ball is right, it won't exist. But here's why shareholders shouldn't panic.
Why MercadoLibre Stock Gained 14.4% in December
After a year of big pricing swings, MercadoLibre closed 2017 on a major high note.