MercadoLibre (MELI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

By Zacks Equity Research | May 07, 2025, 9:30 PM

MercadoLibre (MELI) reported $5.94 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 37%. EPS of $9.74 for the same period compares to $6.78 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $5.53 billion, representing a surprise of +7.39%. The company delivered an EPS surprise of +26.99%, with the consensus EPS estimate being $7.67.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how MercadoLibre performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Gross merchandise volume: $13.33 billion versus $12.95 billion estimated by four analysts on average.
  • Total payment volume: $58.30 billion versus the three-analyst average estimate of $52.40 billion.
  • Geographic Revenue- Argentina: $1.38 billion compared to the $1.15 billion average estimate based on two analysts. The reported number represents a change of +124.7% year over year.
View all Key Company Metrics for MercadoLibre here>>>

Shares of MercadoLibre have returned +22.1% over the past month versus the Zacks S&P 500 composite's +10.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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