Tencent Music Entertainment, StoneCo 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 Tencent Music Entertainment Group (NYSE:TME) to report quarterly earnings at 14 cents per share on revenue of $916.95 million before the opening bell, according to data from Benzinga Pro. Tencent Music Entertainment shares fell 0.6% to $13.26 in after-hours trading.
• JanOne Inc. (NASDAQ:JAN) announced plans to acquire ALT 5 Sigma Inc. The deal is projected to close in the week of May 13^th.JanOne shares jumped 12.2% to $4.50 in the after-hours trading session.
• Analysts are expecting StoneCo Ltd. (NASDAQ:STNE) to post quarterly earnings at 28 cents per share on revenue of $607.57 million. The company will release earnings after the markets close. StoneCo shares gained 0.8% to $16.73 in after-hours trading.

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• Forward Industries, Inc. (NASDAQ:FORD) posted a second-quarter loss from continuing operations of 5 cents per share, versus a year-ago loss of 1 cent per share. Its revenues fell 19.6% to $7.8 million. Forward Industries shares gained 2.4% to $0.5384 in the after-hours trading session.
• Analysts expect Paysafe Limited (NYSE:PSFE) to post quarterly earnings at 10 cents per share on revenue of $408.25 million after the closing bell. Paysafe shares rose 0.1% to $15.20 in after-hours trading.

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