This would mark year-over-year growth of 15.34%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.5 billion, up 27% from the year-ago period. For the full year, the Zacks Consensus Estimates are projecting earnings of $47.50 per share and revenue of $25.89 billion, which would represent changes of +26.03% and +24.59%, respectively, from the prior year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for MercadoLibre. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.