๐ The detail ๐
APP: Q2 rev $1.924B (+53% YoY) vs $1.94B est โ a rare miss. EPS $3.76 vs $3.75. Net income $1.27B (+55%), adj EBITDA $1.61B (+58%). Q3 guide $2.06โ2.09B in-line. Beat on profit, but the top-line miss sank it ~16% AH.
MELI: EPS $9.19 vs $8.65 est. Revenue +49.8% YoY, but operating margin fell 550bps to 6.7% on free-shipping + credit spend.
EBAY: Adj EPS $1.60 vs $1.51, rev $3.13B (+15%) vs $3.02B. GMV $22.4B (+15%), 136M active buyers. Strong Q3 rev guide but soft EPS outlook.๏ฟผ
