CNBC’s Jim Kramer on Friday reviewed next week’s earnings list and said the development of Russia’s invasion of Ukraine over the weekend would be the most important indicator of market movements.
The host of “Mad Money” said that despite the storm caused by rising inflation and the Russian invasion of Ukraine over the market, investors must remain vigilant.
“I know it sounds like there’s no hope, but we have to keep our eyes on the potential winners, no matter what,” he said.
All earnings and revenue forecasts are courtesy of FactSet.
Monday: Kohl’s
on a spike
Kohl’s executives are ready to provide updates on the company’s growth strategies and financial structure. Calling the company “one of the most exciting battlefields”, Kramer said increased pressure from investor activists could help those who want to buy the shares.
Tuesday: Dick, Mongo DB, Bumble and Stitch Fix sporting goods
Dick’s sporting goods
- Publication of revenues for Q4 2021 before the bell; conference call at 10 a.m. ET
- Estimated earnings per share: $ 3.47
- Estimated revenue: $ 3.3 billion
Kramer said Dick’s has a great CEO, will succeed after the pandemic and stands out from other retailers.
MongoDB
- Publication of profits for the fourth quarter of 2022 after the end; conference call at 17:00 ET
- Estimated loss: loss of 16 cents per share
- Estimated revenue: $ 320 million
MongoDB is a dime when it comes to software database companies, according to Kramer. “Wall Street loved a company that was growing fast and losing a lot of money. “Now they just have complete contempt for them,” he said.
Bumble
- Publication of profits for the fourth quarter of 2021 after the end; conference call at 4:30 p.m. ET
- Estimated loss: loss of 2 cents per share
- Estimated revenue: $ 210 million
Kramer said a few words about Bumble, which closed at $ 18.08 on Friday, well below its 52-week high of $ 76.49. “Maybe romance is dead,” he said.
Fixing the seam
- Publication of earnings for Q2 2022 after closing; conference call at 17:00 ET
- Estimated loss: loss of 31 cents per share
- Estimated revenue: $ 515 million
Stitch Fix is the third share earnings report on Tuesday – along with MongoDB and Bumble – in the bear market, Kramer said, adding that he is monitoring whether they can find a floor and the purchase is worth it.
Wednesday: Campbell’s soup and CrowdStrike
Campbell soup
- Publication of revenues for Q2 2022 before the bell; conference call at 8 a.m. ET
- Estimated earnings per share: 69 cents
- Estimated revenue: $ 2.24 billion
Campbell needs to cut its raw costs, but the company will “fly” if it manages to report even moderate profits, Kramer said.
CrowdStrike
- Publication of profits for the fourth quarter of 2022 after the end; conference call at 17:00 ET
- Estimated earnings per share: 29 cents
- Estimated revenue: $ 560 million
Kramer said he expects Crowdstrike to report a strong quarter. However, his performance will not matter if inflation jumps the same day and damages his shares, Kramer said.
Thursday: Ulta Beauty, DocuSign, Rivian and eBay
Ulta Beauty
- Publication of profits for the fourth quarter of 2021 after the end; conference call at 4:30 p.m. ET
- Estimated earnings per share: $ 4.57
- Estimated revenue: $ 2.69 billion
Kramer praised Ulta Beauty’s consistent performance, adding that the company “has the best chance of rising next week.” He warned that the company was not a “cheap stock”.
DocuSign
- Publication of profits for the fourth quarter of 2022 after the end; conference call at 4:30 p.m. ET
- Estimated earnings per share: 63 cents
- Estimated revenue: $ 718 million
Kramer said DocuSign suffers from being known as a “Covid action.” “This is a very good company with very bad shares,” he said.
Rivian
- Publication of profits for the fourth quarter of 2021 after the end; conference call at 17:00 ET
- Estimated loss: loss of $ 1.79 per share
- Estimated revenue: $ 60.5 million
Calling Rivian a “poster child” for Western electric vehicle companies that have been “losers for centuries,” Kramer said the company has lost its novelty.
Wheels up
- Profit for Q4 2021 before the bell; conference call at 8:30 a.m. ET
- Estimated loss: Loss of 25 cents per share
- Estimated revenue: $ 281 million
Kramer said he would monitor whether the private jet company could stockpile on Thursday. “I bet they will tell their story loud and clear,” Kramer said, adding that it would be useless if the company didn’t actually make a profit.
eBay
“It’s a pretty clear story about an exchange where you can sell everything. It costs me something,” Kramer told the e-commerce giant.
Friday: AT&T
AT&T
- Analyst and Investor Day at 10 a.m. ET
The company said it would provide updates on its business and capital allocation strategies during the day to analysts and investors. Kramer said he plans to listen to the call for positive signs, but is skeptical. “This is a company with a uniquely terrible management – we speak ill of the Wall of Shame – and I have no desire to touch it,” he said.