Archer Aviation Inc. (ACHR) Registers a Bigger Fall Than the Market: Important Facts to Note

Company Performance - Archer Aviation Inc. closed at $10.04, reflecting a -1.57% change from the previous day, underperforming the S&P 500's daily loss of 0.22% [1] - Over the past month, shares of Archer Aviation have decreased by 3.77%, while the Aerospace sector gained 2.35% and the S&P 500 increased by 0.45% [1] Financial Expectations - Archer Aviation is expected to report an EPS of -$0.2, indicating a 16.67% growth compared to the same quarter last year [2] - For the annual period, the Zacks Consensus Estimates predict earnings of -$0.76 per share and revenue of $11.29 million, reflecting changes of +32.74% and 0% respectively from the previous year [2] Analyst Sentiment - Recent changes to analyst estimates for Archer Aviation indicate a positive outlook on the company's business operations and profit generation capabilities [3] Zacks Rank and Industry Performance - Archer Aviation currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [5] - The Aerospace - Defense industry, which includes Archer Aviation, ranks in the top 28% of all industries, with a Zacks Industry Rank of 68 [6]