1847 Holdings Q2 EPS $(0.76) Down From $(0.28) YoY, Sales $19.39M Up From $12.89M YoY
Portfolio Pulse from bharat@benzinga.com
1847 Holdings (AMEX:EFSH) reported a Q2 loss of $(0.76) per share, a 171.43% increase from $(0.28) per share YoY. However, the company's sales increased by 50.42% to $19.39 million from $12.89 million YoY.
August 14, 2023 | 8:27 pm
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NEGATIVE IMPACT
1847 Holdings reported a significant increase in losses per share but also a substantial increase in sales YoY.
The significant increase in losses per share is a negative signal for investors, which could lead to a decrease in the stock price. However, the substantial increase in sales could offset some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100