CNBC MADMONEY's Jim Cramer Prediction On This Week Companies Earning Report
Monday: Coca-Cola, IBM
Coca-Cola
Q1 2021 earnings release: before market; conference call: 8:30 a.m.
Projected EPS: 50 cents
Projected revenue: $8.68 billion
“I worry that Coca-Cola’s pure beverage with no snacking business,” Cramer said, “but I still expect a good number from them and a great story about food service reopenings.”
IBM
Q1 2021 earnings release: after market; conference call: 5 p.m.
Projected EPS: $1.69
Projected revenue: $17.32 billion
“What will the new IBM do, the one that kept the fast-growing businesses led by Red Hat? I think it’s too early to tell, but the stock’s been hanging in there,” Cramer said.
Tuesday: Johnson & Johnson, Procter & Gamble, Netflix
Johnson & Johnson
Q1 earnings 2021 release: 6:45 a.m.; conference call: 8:30 a.m.
Projected EPS: $2.34
Projected revenue: $22 billion
“J&J’s gotten more controversial, though I think it’s been unfairly punished by a CDC that seems more intent on scaring the public out of getting a vaccination than actually getting people vaccinated with some safety,” he said. “I bet J&J has a fantastic quarter and reveals an even better pipeline.”
Procter & Gamble
Q3 2021 earnings release: before market; conference call: 8:30 a.m.
Projected EPS: $1.19
Projected revenue: $17.97 billion
“The Street’s actually worried about this one. First, there are tough comparisons versus the stay-at-home numbers they were putting up a year ago,” the host said. “Second, they’re coping with real inflation from plastics to surfactants [and] freight.”
Netflix
Q1 2021 earnings release: 4 p.m.; conference call: 6 p.m.
Projected EPS: $2.97
Projected revenue: $7.14 billion
“This should be fun. Netflix typically beats the numbers and the principals always seem to have a great time talking about their business,” he said. “Even the Netflix conference call has good content.”
Wednesday: Verizon,
Verizon
Q1 2021 earnings release: 7:30 a.m.; conference call: 8:30 a.m.
Projected EPS: $1.29
Projected revenue: $32.47 billion
“I’m beginning to believe it’s stuck there, making it feel like more of a bond than a stock,” Cramer said. “If you’ve gotta own a phone company, I have to tell you I prefer T-Mobile.”
Thursday: Intel
Intel
Q1 2021 earnings release: after market; conference call: 5 p.m.
Projected EPS: $1.14
Projected revenue: $17.78 billion
“I think Pat’s doing a terrific job inspiring people both inside and outside this great institution,” Cramer said. “If the stock gets hit, I’d be a buyer. Gelsinger can’t turn the Intel battleship on a dime, but it will be turned.”
Friday: American Express
American Express
Q1 earnings release: 7 a.m.; conference call: 8:30 a.m.
Projected EPS: $1.61
Projected revenue: $9.21 billion
“It’s all about gauging the power of the great reopening. With its combination of small business … credit, travel and entertainment lines, we should be able to get a good read on the strength of the recovery going forward,” he said.