AirSculpt TechnologiesNASDAQ: AIRS

Easily one of the most explosive ideas to consider in the market are short-squeeze stocks to buy. This niche area plays on the psychology of panicked emotions.

AirSculpt Technologies (AIRS) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

AirSculpt Technologies (AIRS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Estimates have ticked on down for this year and next year though EPS growth remains.

While the top- and bottom-line numbers for AirSculpt Technologies, Inc. (AIRS) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

AirSculpt Technologies, Inc. (AIRS) Q4 2023 Earnings Call Transcript

AirSculpt Technologies, Inc. (AIRS) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.07 per share a year ago.

Shares of AirSculpt Technologies fell 30% on Friday after Fuzzy Panda Research revealed a short position in the cosmetic surgery firm.

MIAMI BEACH, Fla., Jan. 31, 2024 (GLOBE NEWSWIRE) -- AirSculpt Technologies, Inc. (“AirSculpt”) (NASDAQ: AIRS), a national provider of premium body contouring procedures, today announced it will report fourth quarter 2023 financial results before market open on Tuesday, February 27, 2024, to be followed by a conference call on the same day at 8:30 a.m. Eastern Time.