ReutersReuters

PREVIEW: MercadoLibre rises ahead of qtrly results

RefinitivMeno di 1 minuto di lettura

** MercadoLibre MELI shares advancing 1.1% on Mon ahead of qtrly results after the bell, as investors watch for continued strength in Argentina and fintech growth

** Strong Argentina rev in prev qtr bumped the country back to MELI's No. 2 market, overtaking Mexico and behind top market Brazil

** Analysts expect qtrly rev up 32% to $6.68 bln and adj EPS at $11.93 vs $10.48 yr-ago, per LSEG; report seen as key for gauging e-commerce and credit trends in LatAm

** MELI stock up about 41% YTD, outperforming Nasdaq IXIC which is up 9%

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