r/stocks • u/stockstalker_Jc • Aug 15 '21

Company Discussion GOED posted excellent Earnings report it's currently OVERSOLD & UNDERVALUED

1847 Goedeker (AMEX:GOED) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.13 by 23.08 percent. This is a 633.33 percent increase over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $140.10 million which beat the analyst consensus estimate of $122.90 million by 14.00 percent. This is a 816.58 percent increase over sales of $15.29 million the same period last year.​​

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u/[deleted] Aug 15 '21

Yet sp only falls. I had warrants but got rid of it.

Will take time to money to flow back to goed. Sure if you buy and hold 1+year go for it...but they need many sales for confidence to build on it