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Stock impact report

Archer Aviation Inc. (ACHR) Gains But Lags Market: What You Should Know [Yahoo! Finance]

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Yahoo! Finance
The stock lagged the S&P 500's daily gain of 1.02%. At the same time, the Dow added 0.4%, and the tech-heavy Nasdaq gained 2.03%. Shares of the company have depreciated by 13.85% over the course of the past month, underperforming the Aerospace sector's loss of 6.16% and the S&P 500's loss of 3.15%. Market participants will be closely following the financial results of Archer Aviation Inc. in its upcoming release. The company plans to announce its earnings on May 9, 2024. The company is predicted to post an EPS of -$0.29, indicating a 19.44% growth compared to the equivalent quarter last year. It's also important for investors to be aware of any recent modifications to analyst estimates for Archer Aviation Inc. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. Based on our research, we believe these estimate revisio Show less Read more
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