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Why Is MercadoLibre (MELI) Up 7.1% Since Last Earnings Report?

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It has been about a month since the last earnings report for MercadoLibre (MELI - Free Report) . Shares have added about 7.1% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is MercadoLibre due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.

How Have Estimates Been Moving Since Then?

It turns out, estimates revision have trended upward during the past month.

The consensus estimate has shifted 15.29% due to these changes.

VGM Scores

At this time, MercadoLibre has a great Growth Score of A, though it is lagging a bit on the Momentum Score front with a B. However, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise MercadoLibre has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.

Performance of an Industry Player

MercadoLibre belongs to the Zacks Internet - Commerce industry. Another stock from the same industry, Booking Holdings (BKNG - Free Report) , has gained 7.9% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.

Booking Holdings reported revenues of $4.76 billion in the last reported quarter, representing a year-over-year change of +7.9%. EPS of $24.81 for the same period compares with $20.39 a year ago.

For the current quarter, Booking Holdings is expected to post earnings of $49.93 per share, indicating a change of +19.2% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Booking Holdings. Also, the stock has a VGM Score of B.


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