Projected revenue: $30.4 billion
"They've got a ton of personal loans and oil loans," he said. "No wonder they had to cut the dividend, but it is run by Charlie Scharf. He's going to figure it out."Projected revenue: $19 billion "The Robinhood crowd, they love the airlines, even as passengers seem to hate them. Will Delta need more help from the government?" he said. "If they say no ... you might want to buy American Airlines, which needs the most help, but only for a trade, please."7:30 a.m. Q2 earnings release, 9:30 a.m. earnings call"I think they're going to blow away the numbers," Cramer said.
"They almost always report excellent numbers driven by their top-notch digitization strategy, but it never seems to matter," Cramer said. "The stock hasn't been able to rise above the rest of the group. No reason this time should be different."Projected revenue: $10.3 billion
Of course the banks are going to get hammered. He’s seen the delinquency rates on collateral backed debt. He’s seen loan loss reserves increased in Q2.
COVID impairment + CECL implementation = look out below.
Lots of money to be made in an ugly market. Can't afford the risk right now though.
This boils down to: if things are good tomorrow they will be good the day after that, but if they are bad then they will be bad after that. I guess technically that’s insight?
Might be some good beats on earnings and revenue, but guidance is likely to be brutal if any is issued.
As ugly as Jimmy saying I got my Mom in Enron Thats fucing ugly
Oh no let's give them....MORE MONEY.