Update: MercadoLibre Shares Drop Pre-Bell Following Q3 Earnings Miss
MT newswire2026/11/05 09:26Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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05:26 AM EST, 11/05/2026 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.) MercadoLibre (MELI) shares were down 5.3% in premarket activity Thursday after the company's Q3 earnings fell short of market expectations. The company reported Q3 earnings late Wednesday of $8.83 per diluted share, up from $8.32 a year earlier. Analysts polled by FactSet expected $9.27. Revenue in the three months ended Sept. 30 rose to $10.75 billion from $7.41 billion a year earlier. Analysts projected $10.69 billion.
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