Cramer’s 4 Earnings to Watch Wednesday
On Wednesday, “Mad Money” host Jim Cramer plans to monitor four companies' quarterly earnings reports. Here's a look at his "Game Plan."
To start, Cramer looks forward to earnings results from Deere before Wednesday’s opening bell.
“As usual, I’m wondering how many ways Deere can screw it up this time. Back when grains were soaring, almost every quarter was accompanied by disappointing commentary,” he noted. “Now grains are getting crushed along with other commodities. One can only imagine how terrible this quarter’s commentary will be even if the numbers are fine.”
Meanwhile, Minneapolis-based Target will also report before the open. The retailer has done a great job of delivering lately and if the momentum continues, Cramer can only assume it's a sign that it's made structural changes for the better. In other words, “success could be back in this company’s DNA.”
After the bell, restaurant chain operators Jack in the Box and Red Robin Gourmet Burgers will deliver earnings. Cramer said he doesn’t usually follow either company’s earnings, but now thinks it’s worth a listen because rival Burger King will soon become public.
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