U.S. Companies Report Quarterly Earnings and Stock Movements

Citigroup lowered its price target for trucking firm RXO to $23 and kept a neutral rating, indicating modest upside from the current share price.

Red Cat Holdings saw its shares climb 6.2% to $9.21 after reporting 527% year‑over‑year revenue growth, though the company posted a $0.26 loss per share and analysts offered mixed ratings and target adjustments.

Aeries Technology announced that it will release its first‑quarter fiscal 2027 results on August 10, with CEO Ajay Khare hosting an investor call; recent highlights include the launch of its AxAI enterprise AI platform and regaining Nasdaq compliance.

Mercer International held its second‑quarter 2026 earnings call on August 7, where CEO Juan Carlos Bueno and CFO Richard Short discussed operating performance and ongoing efforts to improve liquidity and strengthen the balance sheet amid uncertain market conditions.