Archer Aviation Q4 EPS $(0.34) Misses $(0.28) Estimate
Portfolio Pulse from Benzinga Newsdesk
Archer Aviation (NYSE:ACHR) reported Q4 losses of $(0.34) per share, missing the consensus estimate of $(0.28) by 21.43%. This represents a 12.82% improvement over the $(0.39) per share loss from the same period last year.
February 26, 2024 | 9:48 pm
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NEGATIVE IMPACT
Archer Aviation reported a Q4 loss of $(0.34) per share, missing estimates and indicating a 21.43% miss but showing a year-over-year improvement.
Missing the earnings estimate typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. However, the year-over-year improvement might mitigate some negative impact.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100