Packaging Corp of America, Cleveland-Cliffs And 3 Stocks To Watch Heading Into Monday

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:

• Wall Street expects Packaging Corporation of America (NYSE:PKG) 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 (NASDAQ:PRST) filed for 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.
• Analysts expect Cleveland-Cliffs Inc. (NYSE:CLF) 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.

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• Highway Holdings Limited (NASDAQ:HIHO) reported a loss of 8 cents per share for the first quarter of fiscal year 2024, versus 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.
• Analysts expect W. R. Berkley Corporation (NYSE:WRB) 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.

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