Heat oven to 375°F. Grease 10 x 1-1/2-inch round baking dish or other shallow 1-1/2-quart baking dish. Spoon cherries into dish.
Combine milk, sugar, flour, eggs, butter and almond extract in food processor or blender. Whirl until pureed. Pour batter over cherries. Sprinkle with almonds.
Bake, uncovered, in 375°F oven for 35 to 40 minutes or until top is golden and center is set. Tent loosely with foil if top begins to brown too quickly. Let cool to room temperature. Spoon confectioners sugar into a small sieve; sprinkle over top. Serve warm or chilled.