As U.S. stock futures dipped slightly lower on Monday morning, several companies are poised to capture investor attention due to their upcoming earnings reports and recent after-hours trading activity.
PDD Holdings Inc. (PDD):
Wall Street anticipates PDD to report quarterly earnings of $2.73 per share on revenue of $14.02 billion before the opening bell. The company’s shares gained 0.5% to $140.59 in after-hours trading, signaling potential positive investor sentiment.
Daqo New Energy Corp. (DQ):
Analysts are expecting Daqo New Energy to post a quarterly loss of 56 cents per share on revenue of $337.12 million. The company will release earnings before the markets open. Daqo New Energy shares fell 1.3% to $15.01 in after-hours trading, suggesting potential market concerns.
MIRA Pharmaceuticals (MIRA):
MIRA Pharmaceuticals made a significant announcement regarding its oral Ketamin-2 treatment for neuropathic pain. The company achieved a 100% reversal of pain in a rat study, driving a remarkable 47% surge in its shares to $2.72 during the after-hours trading session. This positive development could significantly impact the company’s future prospects.
HEICO Corporation (HEI):
After market close, HEICO Corporation is projected to report quarterly earnings of 92 cents per share on revenue of $995.67 million. Heico shares dipped 0.7% to $245.03 in the after-hours trading session, potentially reflecting cautious investor sentiment ahead of the earnings release.
Trip.com Group Limited (TCOM):
Analysts anticipate Trip.com Group Limited to post quarterly earnings of 74 cents per share on revenue of $1.79 billion. The company’s shares gained 1% to $42.59 in after-hours trading, indicating a positive outlook for the company.These companies are expected to be closely watched by investors today as they release their quarterly earnings reports. Their financial performance and the market’s reaction to their announcements will be key factors influencing their share prices in the coming days.
