MercadoLibre (NASDAQ:MELI) reported quarterly earnings of $9.74 per share which beat the analyst consensus estimate of $8.03 by 21.3 percent. This is a 43.66 percent increase over earnings of $6.78 per share from the same period last year. The company reported quarterly sales of $5.93 billion which beat the analyst consensus estimate of $5.51 billion by 7.70 percent. This is a 36.97 percent increase over sales of $4.33 billion the same period last year.