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Stock impact report

Archer Aviation is Set to Post Q3 Earnings: What's in the Cards? [Yahoo! Finance]

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Yahoo! Finance
See the Zacks Earnings Calendar to stay ahead of market-making news. The company delivered an average earnings surprise of 7.73% in the trailing four quarters. Let's discuss the factors that are likely to affect the upcoming quarterly results. In August 2024, Archer Aviation signed an agreement with Future Flight Global (“FFG”) to deliver up to 116 Midnight electric vertical take-off and landing (eVTOL) aircraft, valued at approximately $580 million. This agreement boosted the company's order book to $6 billion, which is likely to reflect in its third-quarter results. Archer Aviation Inc. price-eps-surprise | Archer Aviation Inc. Quote In the same month, Archer Aviation delivered its first Midnight aircraft to the U.S. Air Force as part of the AFWERX Agility Prime contract, valued at up to $142 million. This is likely to have contributed favorably to ACHR's third-quarter revenues. On the financial front, ACHR bolstered its liquidity by securing $220 million worth of capit Show less Read more
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