RE:Best earnings worst resultAnother item that can't be trusted are the so-called Analyst "revised" estimates for Q3 and Q4 2020. The company's own guidance is up to $35 M net revenue for Q3 2020 and the EPS estimate has only been revised from 6 cents EPS to only 10 cents. I've also noted that Q4 2020 EPS estimates have now actually been revised DOWN to only 2 cents. What a joke!
I also don't buy into this misconception that spikes in revenue due to COVID are only 'temporary'. A quick scan of the growing numbers in the southern USA and growing reports warning of long-term health implications contradict the 'temporary' argument big time.
I feel sorry for those that panicked out of the stock in the past two days believing all of this garbage. The pending quarterly EPS numbers will far surpass both useless estimates and I still stand by my prediction of exceeding $20 before year-end.