Is earnings seasons over yet? 

Earnings season has only just begun, but fortunately for you, Jim Cramer has a new scorecard for grading earnings which he broke down into two acronyms: 'BTF' and 'WTF.'

Before you think Cramer has begun taking texting cues from seventh graders, give us a chance to explain. 

In a recent column on Real Money, Jim Cramer broke the latest earnings down into two categories: "Better than Feared" and "Worse than Feared." 

Better Than Feared

3M (MMM - Get Report)

Tesla (TSLA - Get Report)

Worse Than Feared

Caterpillar (CAT - Get Report)

Ford (F - Get Report)  

So how does Cramer decide which stocks make the grade? Watch our video above.  

Related. Jim Cramer: Running Down the BTF vs. WTF Scoreboard

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