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ACHR Archer Aviation News Story

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Archer Aviation Inc reports results for the quarter ended March 31 - Earnings Summary

Archer Aviation Inc ACHR.N reported a quarterly adjusted loss of 17 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -36 cents.  The mean expectation of eight analysts for the quarter was for a loss of 26 cents per share. Wall Street expected results to range from -36 cents to -21 cents per share.

Reported revenue was zero​; analysts expected $2.20 million.

Archer Aviation Inc's reported EPS for the quarter was a loss of 17 cents​.

The company reported a quarterly loss of $93.4 million.

Archer Aviation Inc shares had risen by 23.9% this quarter and lost 9.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 4.1% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"

Wall Street's median 12-month price target for Archer Aviation Inc is $12.75

This summary was machine generated from LSEG data May 13 at 12:01 a.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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.26-0.17Beat
Dec. 31 2024-0.29-0.45Missed
Sep. 30 2024-0.32-0.29Beat
Jun. 30 2024-0.33-0.32Beat

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