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Archer Aviation's stock is going up before its earnings report, but a loss and lower sales are expected.

ResultsRead the original at Benzinga
Neutral

Archer's third-quarter figures are still forecasts. Last quarter, sales beat estimates, but its loss matched them; Archer also reported a $177 million adjusted loss and $1.56 billion in cash and short-term holdings, so this story brings no new result to change its outlook.

ACHR · Archer Aviation Inc.

AI read · Neutral

The AI's read

Last quarter points in two directions. Sales beat the estimate, but the loss per share matched it. Archer also reported a $177 million adjusted loss and $1.56 billion in cash and short-term holdings. The coming figures are forecasts, not reported results, so this story does not change Archer's outlook.

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