Jim Cramer

Scott Mlyn | CNBC

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

“We’re really going to get the affect of each inflation and the reopening,” he mentioned on “Mad Money.” “I believe the previous’s an enormous damaging, however the latter’s so constructive that the ball can keep within the air, prepared for a good looking stuff over the online and to the ground.”

Cramer gave his recreation plan for the week forward. Earnings-per-share projections are primarily based 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 mentioned, “however I nonetheless count on a superb quantity from them and an awesome 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 growth,” he mentioned, including the inventory can proceed to rally. “I believe it is the appropriate 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’s going to the brand new IBM do, the one which stored the fast-growing companies led by Pink Hat? I believe it is too early to inform, however the inventory’s been hanging in there,” Cramer mentioned.

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 finished such nice work on Covid diagnostics … that it is onerous to imagine they will not hit it out of the park,” Cramer mentioned.

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 believe it has been unfairly punished by a CDC that appears extra intent on scaring the general public out of getting a vaccination than really getting folks vaccinated with some security,” he mentioned. “I guess J&J has a implausible quarter and divulges an excellent 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 Avenue’s really fearful about this one. First, there are robust comparisons versus the stay-at-home numbers they had been placing up a yr in the past,” the host mentioned. “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 needs to be enjoyable. Netflix usually beats the numbers and the principals all the time appear to have a good time speaking about their enterprise,” he mentioned. “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 imagine it is caught there, making it really feel like extra of a bond than a inventory,” Cramer mentioned. “In case you’ve gotta personal a cellphone firm, I’ve to inform you I favor 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 mentioned. “Whenever you hear Taiwan Semi endlessly speaking about elevating its capital gear funds, that signifies 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 value goal boosts because the analysts desperately attempt to play catch-up to the inventory value,” the host mentioned.

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 believe Union Pacific goes to inform a narrative of constructing extra with much less, that means effectivity galore,” Cramer mentioned.

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 evening, it ought to put up some wonderful numbers, permitting the inventory to interrupt out to the $70s,” he mentioned.

Danaher

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

“I am unable to wait to see how effectively they’re doing,” the host mentioned. “I count on a implausible 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 is not, so Nucor ought to put up some unbelievable numbers,” he mentioned.

Intel

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

“I believe Pat’s doing a terrific job inspiring folks each inside and outdoors this nice establishment,” Cramer mentioned. “If the inventory will get hit, I might be a purchaser. Gelsinger cannot flip the Intel battleship on a dime, however it will likely 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 believe the shorts will likely be leaning towards Boston Beer, as they all the time do, due to the [spiked seltzer] competitors,” he mentioned. “My view? The class’s rising so quickly, the mum or dad of Sam Adams ought to do exactly fantastic, thanks.”

Friday: Honeywell, American Specific

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 unbelievable well being care firm. I believe the numbers can go greater nonetheless,” Cramer mentioned.

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 ability of the nice reopening. With its mixture of small enterprise … credit score, journey and leisure strains, we must always be capable of get a superb learn on the energy of the restoration going ahead,” he mentioned.

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

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