Air Methods: Zacks’ Bear of the Day PLay

Air Methods (AIRMSnapshot Report) is seeing earnings estimate slide after the company recently revised guidance lower. It is a Zacks Rank #5 (Strong Sell) and it is the Bear of the Day.

Company Description

Air Methods provides air medical emergency transport services and systems in the United States. Air Methods was founded in 1982 and is headquartered in Englewood, Colorado.

Earnings History

AIRM has beaten the Zacks Consensus Estimate three times in the last six quarters.

Chart

Zacks has developed a chart that helps investors see how earnings estimates have impacted the price of the stock over the last several years. We call this chart the price and consensus chart, and each color coded lines represent analyst estimates over a designated year. As estimates increase, the stock tends to follow. The Zacks Rank is impacted by earnings estimate increases, beats and incorporates the idea of analyst agreement and magnitude. As a Zacks Rank #5 (Strong Sell) we see that estimates are moving lower.

Follow Brian Bolan on twitter at @BBolan1

Brian Bolan is a Stock Strategist for Zacks.com. He is the Editor in charge of the Zacks Home Run Investor service, a Buy and Hold service where he recommends the stocks in the portfolio.

He also run the new Stocks Under $10 Investor service where he looks for low priced stocks that are seeing positive earnings estimate revisions. This popular service has seen some strong early returns and offers a free trial via the Zacks Investor Collection program that includes Home Run Investor, Value Investor and Income Plus.

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