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

Airsculpt Technologies

10/05/2024 14:31

* Airsculpt Technologies Inc  AIRS.OQ  reported quarterly
adjusted
earnings of 10 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported breakeven earnings per share.  The mean expectation of
three analysts for the quarter was for a loss of 2 cents per
share. Wall Street expected results to range from -5 cents
tozero cents per share.
    * Revenue rose 3.9% to $47.62 million from a year ago;
analysts
expected $49.80 million. 
    * Airsculpt Technologies Inc's reported EPS for the quarter
was 10
cents​.
    * The company reported quarterly net income of $6.03
million.
    * Airsculpt Technologies Inc shares had fallen by 12.2% this
quarter and lost 28.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 211.1% 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 "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Airsculpt
Technologies Inc is $9.13 
This summary was machine generated from LSEG data May 10 at
01:31 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
 Mar. 31 2024      -0.02          0.10           Beat
 Dec. 31 2023      0.02           -0.08          Missed
 Sep. 30 2023      -0.02          -0.03          Missed
 Jun. 30 2023      0.05           0.03           Missed