US Stock Futures Trading Higher, Here Are Some Stocks In Focus
As U.S. stock futures trend higher this morning, here are some stocks that may grab investor focus today:
Packaging Corporation of America (PKG)
Wall Street expects Packaging Corporation of America to report quarterly earnings at $1.92 per share on revenue of $1.99 billion after the closing bell. Packaging Corp shares fell 3.4% to close at $144.48 on Friday.
Presto Automation Inc (PRST)
Presto Automation Inc filed for a mixed shelf of up to $75 million. The company also promoted Justin Foster to Chief Revenue Officer, effective immediately. Presto Automation shares dipped 9.7% to $1.40 in the after-hours trading session.
Cleveland-Cliffs Inc. (CLF)
Analysts expect Cleveland-Cliffs Inc. to earn 44 cents per share on revenue of $5.58 billion for the latest quarter. The company will release earnings after the markets close. Cleveland-Cliffs shares fell 0.6% to $14.51 in after-hours trading.
Other Stocks to Keep an Eye On
Highway Holdings Limited (HIHO)
Highway Holdings Limited reported a loss of 8 cents per share for the first quarter of fiscal year 2024, compared to a year-ago profit of 9 cents per share. The company’s net sales fell to $1.35 million from $2.94 million in the year-ago quarter. Highway Holdings shares fell 8.6% to $1.81 in the after-hours trading session.
W. R. Berkley Corporation (WRB)
Analysts expect W. R. Berkley Corporation to report quarterly earnings at $1.19 per share on revenue of $3.08 billion after the closing bell. W. R. Berkley shares fell 0.1% to $63.27 in after-hours trading.
