Jim Cramer

Scott Mlyn | CNBC

CNBC’s Jim Cramer stated Friday that the “actual earnings” season will get underway Monday after the key banks posted their quarterly outcomes earlier this week.

“We’re truly going to get the affect of each inflation and the reopening,” he stated on “Mad Money.” “I feel the previous’s an enormous adverse, however the latter’s so optimistic that the ball can keep within the air, prepared for a phenomenal stuff over the web and to the ground.”

Cramer gave his sport plan for the week forward. Earnings-per-share projections are based mostly on FactSet estimates:

Monday: Coca-Cola, United Airways, IBM

Coca-Cola

  • Q1 2021 earnings launch: earlier than market; convention name: 8:30 a.m.
  • Projected EPS: 50 cents
  • Projected income: $8.68 billion

“I fear that Coca-Cola’s pure beverage with no snacking enterprise,” Cramer stated, “however I nonetheless count on a superb quantity from them and an excellent story about meals service reopenings.”

United Airlines

  • Q1 2021 earnings launch: after market; convention name: Tuesday at 10:30 a.m.
  • Projected losses per share: $7.05
  • Projected income: $3.27 billion

“If it is something like Delta, you are going to hear in regards to the coming increase,” he stated, including the inventory can proceed to rally. “I feel it is the fitting place to be.”

IBM

  • Q1 2021 earnings launch: after market; convention name: 5 p.m.
  • Projected EPS: $1.69
  • Projected income: $17.32 billion

“What is going to the brand new IBM do, the one which saved the fast-growing companies led by Crimson Hat? I feel it is too early to inform, however the inventory’s been hanging in there,” Cramer stated.

Tuesday: Abbott Laboratories, Johnson & Johnson, Procter & Gamble, Netflix

Abbott Laboratories

  • Q1 2021 earnings launch: earlier than market; convention name: 9:30 a.m.
  • Projected EPS: $1.27
  • Projected income: $10.69 billion

“Abbott’s accomplished such nice work on Covid diagnostics … that it is onerous to consider they will not hit it out of the park,” Cramer stated.

Johnson & Johnson

  • Q1 earnings 2021 launch: 6:45 a.m.; convention name: 8:30 a.m.
  • Projected EPS: $2.34
  • Projected income: $22 billion

“J&J’s gotten extra controversial, although I feel it has been unfairly punished by a CDC that appears extra intent on scaring the general public out of getting a vaccination than truly getting folks vaccinated with some security,” he stated. “I wager J&J has a unbelievable quarter and divulges a fair higher pipeline.”

Procter & Gamble

  • Q3 2021 earnings launch: earlier than market; convention name: 8:30 a.m.
  • Projected EPS: $1.19
  • Projected income: $17.97 billion

“The Road’s truly apprehensive about this one. First, there are robust comparisons versus the stay-at-home numbers they have been placing up a yr in the past,” the host stated. “Second, they’re dealing with actual inflation from plastics to surfactants [and] freight.”

Netflix

  • Q1 2021 earnings launch: 4 p.m.; convention name: 6 p.m.
  • Projected EPS: $2.97
  • Projected income: $7.14 billion

“This ought to be enjoyable. Netflix sometimes beats the numbers and the principals at all times appear to have a good time speaking about their enterprise,” he stated. “Even the Netflix convention name has good content material.”

Wednesday: Verizon, Lam Analysis, Chipotle

Verizon

  • Q1 2021 earnings launch: 7:30 a.m.; convention name: 8:30 a.m.
  • Projected EPS: $1.29
  • Projected income: $32.47 billion

“I am starting to consider it is caught there, making it really feel like extra of a bond than a inventory,” Cramer stated. “When you’ve gotta personal a cellphone firm, I’ve to let you know I want T-Mobile.”

Lam Research

  • Q3 2021 earnings launch: after market; convention name: 5 p.m.
  • Projected EPS: $6.61
  • Projected income: $3.72 billion

“Lam is the reply to the semiconductor scarcity—they make the gear wanted to fabricate new chips,” he stated. “If you hear Taiwan Semi endlessly speaking about elevating its capital gear funds, that implies that Lam goes to make a fortune.”

Chipotle

  • Q1 earnings launch: 4:10 p.m.; convention name: 4:30 p.m.
  • Projected EPS: $4.89
  • Projected income: $1.75 billion

“I am betting this paragon of nice pure meals and phenomenal customer support will blow the doorways off the quarter, triggering one other spherical of worth goal boosts because the analysts desperately attempt to play catch-up to the inventory worth,” the host stated.

Thursday: Union Pacific, Dow, Danaher, Nucor, Intel Boston Beer

Union Pacific

  • Q1 2021 earnings launch: 8 a.m.; convention name: 8:45 a.m.
  • Projected EPS: $2.06
  • Projected income: $5.05 billion

“I feel Union Pacific goes to inform a narrative of constructing extra with much less, which means effectivity galore,” Cramer stated.

Dow

  • Q1 2021 earnings launch: 6 a.m.; convention name: 8 a.m.
  • Projected EPS: $1.12
  • Projected income: $11.09 billion

“If PPG is any information from final night time, it ought to put up some wonderful numbers, permitting the inventory to interrupt out to the $70s,” he stated.

Danaher

  • Q1 2021 earnings launch: 6 a.m.; convention name: 8 a.m.
  • Projected EPS: $1.76
  • Projected income: $6.29 billion

“I can not wait to see how properly they’re doing,” the host stated. “I count on a unbelievable quarter.”

Nucor

  • Q1 2021 earnings launch: TBD; convention name: 2 p.m.
  • Projected EPS: $3.05
  • Projected income: $7.18 billion

“We’re in an inflationary period, whether or not it is transitory or whether or not it isn’t, so Nucor ought to put up some unimaginable numbers,” he stated.

Intel

  • Q1 2021 earnings launch: after market; convention name: 5 p.m.
  • Projected EPS: $1.14
  • Projected income: $17.78 billion

“I feel Pat’s doing a terrific job inspiring folks each inside and outdoors this nice establishment,” Cramer stated. “If the inventory will get hit, I would be a purchaser. Gelsinger cannot flip the Intel battleship on a dime, however will probably be turned.”

Boston Beer

  • Q1 2021 earnings launch: 4 p.m.; convention name: 5 p.m.
  • Projected EPS: $2.55
  • Projected income: $477 million

“I feel the shorts will likely be leaning towards Boston Beer, as they at all times do, due to the [spiked seltzer] competitors,” he stated. “My view? The class’s rising so quickly, the father or mother of Sam Adams ought to do exactly advantageous, thanks.”

Friday: Honeywell, American Categorical

Honeywell

  • Q1 2021 earnings launch: earlier than market; convention name: 8:30 a.m.
  • Projected EPS: $1.80
  • Projected income: $8.08 billion

“Honeywell’s turning into a software-as-a-building-service play, to not point out an unimaginable well being care firm. I feel the numbers can go larger nonetheless,” Cramer stated.

American Express

  • Q1 earnings launch: 7 a.m.; convention name: 8:30 a.m.
  • Projected EPS: $1.61
  • Projected income: $9.21 billion

“It is all about gauging the facility of the good reopening. With its mixture of small enterprise … credit score, journey and leisure traces, we should always be capable of get a superb learn on the power of the restoration going ahead,” he stated.

Disclosure: Cramer’s charitable belief owns shares of Abbott Laboratories, Union Pacific and Honeywell.

Disclaimer

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