Jim Cramer
Scott Mlyn | CNBC
CNBC’s Jim Cramer said on Friday that the ‘real earnings’ season will kick off on Monday after the big banks posted their quarterly results earlier this week.
“We’re actually going to have the impact of both inflation and reopening,” he said on ‘Mad Money’. “I think the former is a big negative, but the latter is so positive that the ball can stay in the air, ready for a beautiful thing over the net and to the floor.”
Cramer gave his game plan for the coming week. Earnings-per-share predictions are based on FactSet estimates:
Monday: Coca-Cola, United Airlines, IBM
- Q1 2021 release of earnings: before the market; conference call: 8:30 am
- Projected EPS: 50 cents
- Estimated revenue: $ 8.68 billion
“I’m concerned that Coca-Cola’s pure liquor is without a snack business,” Cramer said, “but I still expect a good amount of them and a great story about the reopening of the food service.”
United Airlines
- Q1 2021 earnings release: to market; conference call: Tuesday at 10:30
- Estimated losses per share: $ 7.05
- Expected revenue: $ 3.27 billion
“If it’s something like Delta, you’ll hear about the coming boom,” he said, adding that the stock could continue to rise. “I think this is the right place to be.”
IBM
- Q1 2021 release of earnings: to market; conference call: 17:00
- Projected EPS: $ 1.69
- Estimated revenue: $ 17.32 billion
“What will the new IBM do, the one that led the fast-growing businesses under Red Hat? I think it’s too early to know, but the stock hangs in there,” Cramer said.
Tuesday: Abbott Laboratories, Johnson & Johnson, Procter & Gamble, Netflix
- Q1 2021 release of earnings: before the market; conference call: 9:30 am
- Projected EPS: $ 1.27
- Estimated revenue: $ 10.69 billion
“Abbott has done so much work on Covid diagnostics … that it’s hard to believe they will not hit it out of the park,” Cramer said.
Johnson & Johnson
- Release of the first quarter of 2021: 06:45; conference call: 8:30 am
- Projected EPS: $ 2.34
- Estimated revenue: $ 22 billion
“J & Js have become more controversial, although I think it has been unfairly punished by a CDC that is more aimed at scaring the public out of getting vaccinated than of getting people vaccinated with some degree of safety,” he said. “I bet J&J has a fantastic quarter and reveals a better pipeline.”
Procter & Gamble
- Q3 2021 release of earnings: before market; conference call: 8:30 am
- Projected EPS: $ 1.19
- Estimated revenue: $ 17.97 billion
“The street is actually worried about this one. First, there are tough comparisons to the stay-at-home numbers they set up a year ago,” the host said. ” Second, they are dealing with real inflation from plastic to wetting [and] cargo. “
Netflix
- Q1 2021 release of income: 16:00; conference call: 18:00
- Projected EPS: $ 2.97
- Estimated revenue: $ 7.14 billion
“It should be fun. Netflix usually beats the numbers and it seems like the principals always have a good time talking about their affairs,” he said. “Even the Netflix conference has good content.”
Wednesday: Verizon, Lam Research, Chipotle
- Q1 2021 release of earnings: 07:30; conference call: 8:30 am
- Projected EPS: $ 1.29
- Estimated revenue: $ 32.47 billion
“I’m starting to believe it’s stuck there, and it makes me feel more like an effect than a stock, ‘Cramer said. “If you have to own a phone business, I have to tell you I prefer T-Mobile.”
Lamb research
- Q3 2021 earnings release: to market; conference call: 17:00
- Projected EPS: $ 6.61
- Estimated revenue: $ 3.72 billion
“Lamb is the answer to the shortage of semiconductors – they make the necessary equipment to make new chips,” he said. “If you hear Taiwan Semi endlessly talking about increasing its budget for capital equipment, it means that Lam is going to earn a fortune.”
Chipotle
- First term release: 16:10; conference call: 16:30
- Projected EPS: $ 4.89
- Estimated revenue: $ 1.75 billion
“I bet this example of amazing natural food and phenomenal customer service will blow the doors of the quarter, and cause another round of price target increases as analysts desperately try to catch up with the share price,” the host said.
Thursday: Union Pacific, Dow, Danaher, Nucor, Intel Boston Beer
- Q1 2021 release of earnings: 08:00; conference call: 08:45
- Projected EPS: $ 2.06
- Estimated revenue: $ 5.05 billion
“I think Union Pacific is going to tell a story of making more with less, which means it’s effective,” Cramer said.
Dow
- Q1 2021 release of income: 06:00; conference call: 8 am
- Projected EPS: $ 1.12
- Estimated revenue: $ 11.09 billion
“If PPG is a guide from last night, it should put up some incredible numbers so that the stock can break out to the $ 70s,” he said.
Danaher
- Q1 2021 release of income: 06:00; conference call: 8 am
- Projected EPS: $ 1.76
- Estimated revenue: $ 6.29 billion
“I can not wait to see how well they are doing,” the host said. “I expect a fantastic term.”
Nucor
- Q1 2021 release of earnings: TBD; conference call: 14:00
- Projected EPS: $ 3.05
- Estimated revenue: $ 7.18 billion
“We’re in an inflationary era, whether it’s transitioning or not, so Nucor has to put up incredible numbers,” he said.
Intel
- Q1 2021 release of earnings: to market; conference call: 17:00
- Projected EPS: $ 1.14
- Estimated revenue: $ 17.78 billion
“I think Pat does an excellent job of inspiring people inside and outside this wonderful institution,” Cramer said. “If the stock were hit, I would be a buyer. Gelsinger can not turn the Intel battleship on a cent, but it will be turned around.”
Boston Beer
- Q1 2021 release of income: 16:00; conference call: 17:00
- Projected EPS: $ 2.55
- Estimated income: $ 477 million
‘I think the pants will, as always, lean against Boston Bear [spiked seltzer] competition, “he said. My view? The category is growing so fast, Sam Adams’ parent needs to do well, thank you. ‘
Friday: Honeywell, American Express
- Q1 2021 release of earnings: before the market; conference call: 8:30 am
- Projected EPS: $ 1.80
- Estimated revenue: $ 8.08 billion
“Honeywell is becoming a software-as-a-building-service-play, not to mention an incredible healthcare business. I think the numbers could go higher,” Cramer said.
American Express
- Qualification of the first term: 7 am. conference call: 8:30 am
- Projected EPS: $ 1.61
- Estimated revenue: $ 9.21 billion
“It’s about measuring the power of the big reopening. With its combination of small business … credit, travel and entertainment lines, we should be able to read well based on the recovery ahead,” he said. he said.
Disclosure: Cramer’s charity owns shares in Abbott Laboratories, Union Pacific and Honeywell.
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