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The Zacks Analyst Blog Highlights: Amazon.com, EBay, Alibaba, Mercadolibre And Travelport Worldwide

Published 05/04/2016, 09:30 PM
Updated 07/09/2023, 06:31 AM
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For Immediate Release

Chicago, IL – May 05, 2016 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Amazon.com ( (NASDAQ:AMZN) ), eBay ( (NASDAQ:EBAY) ), Alibaba Group ( (NYSE:BABA) ), Mercadolibre, Inc. ( (NASDAQ:MELI) ) and Travelport Worldwide Limited ( (NYSE:TVPT) ).

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Here are highlights from Wednesday’s Analyst Blog:

Check These eCommerce Stocks Reporting Earnings Thursday

A few e-commerce companies are slated to report their earnings results on May 5. E-commerce is one of the most important components of the technology sector. The online trend continues to gain traction as the younger generation adapts quickly to technological advancements. Also, improvements in the mobile device segment have given a boost to online companies.

Thus far, the earnings picture of the e-commerce space has been impressive. Amazon.com’s ( (NASDAQ:AMZN) ) first-quarter EPS of $1.07 was way ahead of the Zacks Consensus Estimate of 61 cents. The North America and AWS segments were strong contributors to profits while investments in international continued unabated. eBay’s ( (NASDAQ:EBAY) ) earnings per share of 14 cents also marched past the Zacks Consensus Estimate of 9 cents.

This week, three more major e-commerce stocks Alibaba Group ( (NYSE:BABA) ), Mercadolibre, Inc. ( (NASDAQ:MELI) ) and Travelport Worldwide Limited ( (NYSE:TVPT) ) will be reporting earnings. Let’s have a look at what might be in store for them.

Alibaba Group , which is scheduled to report on May 5, has an Earnings ESP of +23.68% as the Most Accurate Estimate stands at 47 cents and the Zacks Consensus Estimate is 38 cents. The stock holds a Zacks Rank #3 (Hold), which along with a +23.68% ESP makes us reasonably confident of an earnings beat. Alibaba has beaten the Zacks Consensus Estimate in 2 of the trailing 4 quarters while missing it twice with an average negative surprise of 5.65% (read more: Will Alibaba Group Beat Earnings Estimates in Q4? ).

Mercadolibre, which is scheduled to report after the bell on May 5, has an Earnings ESP of -5.56% as the Most Accurate Estimate stands at 51 cents and the Zacks Consensus Estimate is 54 cents. The stock holds a Zacks Rank #2 (Buy), which along with a -5.56% ESP, makes surprise prediction difficult. Mercadolibre has beaten the Zacks Consensus Estimate in 3 of the trailing 4 quarters while missing it once with an average positive surprise of 12.00%.

Travelport Worldwide Limited , which is scheduled to report after the bell on May 5, has an Earnings ESP of 0.00% as the Most Accurate Estimate and the Zacks Consensus Estimate are both at 30 cents. The stock holds a Zacks Rank #1 (Strong Buy), which combined with a 0.00% ESP, makes surprise prediction difficult. Travelport Worldwide has beaten the Zacks Consensus Estimate in each of the trailing 4 quarters with an average positive surprise of 36.08%.

Stay tuned! Check back later for our earnings coverage of these stocks.

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About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

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AMAZON.COM INC (AMZN): Free Stock Analysis Report

EBAY INC (EBAY): Free Stock Analysis Report

ALIBABA GROUP (BABA): Free Stock Analysis Report

MERCADOLIBRE IN (MELI): Free Stock Analysis Report

TRAVELPORT WWD (TVPT): Free Stock Analysis Report

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