Airsculpt Technologies Inc reports results for the quarter ended in June - Earnings Summary

Airsculpt Technologies

09/08/2024 14:31

* Airsculpt Technologies Inc  AIRS.OQ  reported a quarterly
adjusted loss of 6 cents​​ per share for the quarter ended in
June, lower than the same quarter last year, when the company
reported EPS of 3 cents.  The mean expectation of three analysts
for the quarter was for earnings of 4 cents per share. Wall
Street expected results to range from 2 cents to 6 cents per
share.
    * Revenue fell 8.4% to $51.00 million from a year ago;
analysts
expected $55.26 million. 
    * Airsculpt Technologies Inc's reported EPS for the quarter
was a
loss of 6 cents​.
    * The company reported a quarterly loss of $3.21 million.
    * Airsculpt Technologies Inc shares had fallen by 1.5% this
quarter and lost 47.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 28.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "hold"

Wall Street's median 12-month price target for Airsculpt
Technologies Inc is $5.00 
This summary was machine generated from LSEG data August 9 at
01:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.04           -0.06          Missed
 Mar. 31 2024      -0.02          0.10           Beat
 Dec. 31 2023      0.02           -0.08          Missed
 Sep. 30 2023      -0.02          -0.03          Missed