MINISO Group Holding Limited (MNSO) saw its stock price soar by 6.13% in pre-market trading on Monday, as investors eagerly await the company's upcoming earnings report. The Chinese retailer, known for its affordable lifestyle products, is expected to release its financial results for the quarter ending March 31, 2025, on May 14.

Analysts are projecting a significant increase in MINISO's quarterly revenue. According to estimates from LSEG, the Guangzhou-based company is anticipated to report revenue of CNY4.372 billion, representing a 17.4% year-over-year increase from CNY3.72 billion. The mean earnings estimate stands at CNY2.01 per share, indicating strong profitability for the retailer.

The positive outlook is further reinforced by analysts' recommendations. Currently, the stock maintains a "buy" rating, with 12 analysts recommending either "strong buy" or "buy," one suggesting "hold," and only one advocating "sell" or "strong sell." Despite a slight 5.6% decrease in earnings estimates over the past three months, Wall Street's median 12-month price target for MINISO Group Holding Ltd remains at $24.20, well above its last closing price of $19.67. This bullish sentiment, coupled with the anticipation of strong earnings, appears to be driving the stock's pre-market surge.