Is earnings season over yet?
Tuesday morning, investors were met with an avalanche of earnings reports that sent indices moving higher. Fortunately for you, Jim Cramer breaks down the priorities you need on your radar.
Something to Tweet About
Twitter (TWTR - Get Report) reported adjusted revenues for its first quarter came in at $787 million, up 18 percent from the same period last year and beating estimates of $774.8 million. Monthly active users came in at 330 million, up 9 million.
Twitter $TWTR reports Q1 earnings:— TheStreet (@TheStreet) April 23, 2019
-Net income of $191 million, net margin of 24%, and diluted
EPS of $0.25
- Total revenues of $787 million
- Total advertising revenue was $679 million
- Data licensing and other revenue totaled $107 million
Cramer breaks down why we couldn't help but feature the world's favorite blue bird as Real Money's Stock of the Day.
Cramer's big takeaway? Cleaning up the social media platform may have hurt in the short term, but removing "bad actors is monumental for the long-term.
Check out our comprehensive all-day Stock of the Day coverage here.
Is the Consumer Back in Business?
Today, investors were met with strong earnings from Coca-Cola (KO - Get Report) and more. Cramer explains Coca-Cola along with competitor PepsiCo (PEP - Get Report) are making clear efforts to cater to the low-carb generation known as millennials. Should you be taking a sip?
Did we mention it's earnings season? A few more tickers topping Cramer's watchlist:
United Technologies earned $1.91 a share in the quarter on an adjusted basis on revenue of $18.37 billion.
Verizon reported earnings per share of $1.22 on net revenues of $32.12 billion.
Procter & Gamble reported core earnings per share of $1.06 per share, and said group sales rose to $16.5 billion.
Editor's Note. Zev Fima, Action Alerts Plus Portfolio Analyst, is filling in for Cramer Live host Katherine Ross.