1847 Goedeker Inc. (GOED) Tops Q2 EPS by 3c, Offers FY Guidance

1847 Goedeker Inc. (NYSE: GOED) reported Q2 EPS of $0.16, $0.03 better than the analyst estimate of $0.13. Revenue for the quarter came in at $140.1 million versus the consensus estimate of $122.9 million.

GUIDANCE:

1847 Goedeker Inc. sees FY2021 revenue of $520-550 million, versus the consensus of $565.9 million.

• With respect to our outlook, we expect full year revenue on a proforma basis to be between $520 million and $550 million, full year gross margin on a proforma basis to be between 22.5% to 24.5% and full year proforma adjusted EBITDA margins to be between 9.5% to 11%.

For earnings history and earnings-related data on 1847 Goedeker Inc. (GOED) click here.

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