[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![whispertickers Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1937935302200373248.png) WhisperTick [@whispertickers](/creator/twitter/whispertickers) on x XXX followers
Created: 2025-07-27 13:23:36 UTC

Margins expand. The currency doesn’t. 😬

$MELI Q2: net revenues up XX percent to $5.2B, driven by XX percent GMV growth. Operating income up XX percent, EPS lands at $XXXXX. But Argentina’s peso shaved XX percent off the top line. Still, free cash flows? $1.1B, quietly robust.

Guidance: full-year GMV gains of 25–30 percent, EPS seen up XX percent to $XXXXX. Investors get a forward P/E of 45x, justified, says the narrative, by growth that laps rivals. Brazil and Mexico now XX percent of GMV. 

But fintech’s margin outpaces commerce, and Amazon’s nibbling at Brazil’s market share hasn’t gone unnoticed. Currency, competition, regulation: all present, priced in or not.

Growth story or just a rich multiple?

Still confident?


XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1949460666382766211/c:line.svg)

**Related Topics**
[get a](/topic/get-a)
[$11b](/topic/$11b)
[eps](/topic/eps)
[$52b](/topic/$52b)
[currency](/topic/currency)
[$meli](/topic/$meli)
[stocks consumer cyclical](/topic/stocks-consumer-cyclical)
[stocks bitcoin treasuries](/topic/stocks-bitcoin-treasuries)

[Post Link](https://x.com/whispertickers/status/1949460666382766211)