Stocks to Watch: Domino’s, Yum China, Tesla, ON Semiconductor, NXP Semiconductors

Domino’s Pizza, Inc. (DPZ)

Analysts anticipate Domino’s Pizza to report quarterly earnings of $3.39 per share on revenue of $1.08 billion before the market opens. Domino’s shares increased by 0.3% to $500.39 in after-hours trading.

Yum China Holdings, Inc. (YUMC)

Yum China Holdings is expected to announce quarterly earnings of 65 cents per share on revenue of $3.05 billion. The company will release its earnings after the markets close. Yum China shares rose 0.7% to $39.91 in after-hours trading.

Tesla Inc. (TSLA)

Tesla is reportedly laying off 693 employees at its Nevada facilities. This layoff is part of the 10% company-wide reduction announced earlier this month to cut costs due to declining EV sales and margins. The company also increased the price of its new Model 3 Performance by $1,000 in the U.S., just days after its launch. Tesla shares rose 0.4% to $168.93 in after-hours trading.

ON Semiconductor Corporation (ON)

Before the markets open, ON Semiconductor Corporation is projected to report quarterly earnings of $1.04 per share on revenue of $1.85 billion. ON Semiconductor shares increased by 0.7% to $68.50 in after-hours trading.

NXP Semiconductors N.V. (NXPI)

Analysts forecast NXP Semiconductors to post quarterly earnings of $3.16 per share on revenue of $3.13 billion after the closing bell. NXP Semiconductors shares rose 0.5% to $243.80 in after-hours trading.

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