AirSculpt Technologies Q2 Adj EPS $0.13 Misses $0.15 Estimate, Sales $55.70M Miss $55.71M Estimate
Portfolio Pulse from Benzinga Newsdesk
AirSculpt Technologies (NASDAQ:AIRS) reported Q2 adjusted earnings of $0.13 per share, missing the analyst consensus estimate of $0.15 by 13.33%. The company also reported quarterly sales of $55.70 million, slightly missing the estimate of $55.71 million by 0.02%. However, both earnings and sales have increased compared to the same period last year.
August 11, 2023 | 10:02 am
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AirSculpt's Q2 earnings and sales missed estimates, which could negatively impact the stock price in the short term. However, the year-over-year growth might mitigate this impact.
Missing earnings and sales estimates typically leads to a negative reaction in the stock market. However, the significant year-over-year growth in both earnings and sales might be seen as a positive sign by some investors, potentially mitigating the negative impact.
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