Full-steam ahead for earnings season in the coming week as a range of industry leaders across a swath of sectors release their recent quarterly performances.

The week begins with one-fifth of S&P 500 companies already having reported earnings. It's been a mixed bag so far with earnings coming in fairly strong and revenue just barely passing beating expectations.

"It's not too bad, not too good," Vincent Deluard, vice president of global macro stategy at the BD Division of INTL FCStone Financial, said in a phone call. "Close to 80% of earnings beat, a little less on the sales side... and that's a pattern that we've seen pretty much every season for the past three years or so."

Of the 19% of S&P 500 companies that have reported so far, nearly 76% have exceeded analysts' earnings estimates, above the 64% historical average, according to Thomson Reuters. Just over 62% of companies have bested revenue estimates, narrowly edging past the historical average of 59%.

"Part of it has to do a little bit with accounting creativity," added Deluard. "You have a lot more leeway in the bottom-line number than you have in the top-line. What could have also dragged down the top-line is the strength in the U.S. dollar. S&P 500 companies derive more than half of their revenue from overseas."

The trend of weaker revenue could continue in the coming week with a particular emphasis on multinationals in the consumer and tech space.

Consumer earnings include Hasbro (HAS) , Whirlpool (WHR) and Kimberly-Clark (KMB) on Monday; Chipotle (CMG) , Coca-Cola (KO) , JetBlue (JBLU) , Panera Bread (PNRA)  and Supervalu (SVU) on Tuesday; Bloomin' Brands (BLMN) , Boston Beer (SAM) , Buffalo Wild Wings (BWLD) , Hershey (HSY) , PepsiCo (PEP)  and Procter & Gamble (PG) on Wednesday; American Airlines (AAL) , Ford (F) , Domino's Pizza (DPZ) , GrubHub (GRUB) , MGM Resorts (MGM) , Pinnacle Foods (PF) , Southwest Airlines (LUV) , Starbucks (SBUX)  and Under Armour (UA) on Thursday; and Colgate-Palmolive (CL) , General Motors (GM)  and VF Corp (VFC) on Friday.

PepsiCo, Southwest Airlines, and Starbucks are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells PEP, LUV, or SBUX? Learn more now.

In oil, materials and industrials earnings, Alcoa (AA) , Barrick Gold (ABX) , Halliburton (HAL)  and Owens-Illinois (OI) are scheduled for Monday; 3M (MMM) , AK Steel (AKS) , Baker Hughes (BHI) , Caterpillar (CAT) , DuPont (DD) , United States Steel (X)  and Lockheed Martin (LMT) on Tuesday; Boeing (BA) and Hess (HES) on Wednesday; Dow Chemical (DOW)  and Vale (VALE) on Thursday; and Chevron (CVX) , Exxon Mobil (XOM) , LyondellBasel (LYB)  and Phillips 66 (PSX) on Friday.

Dow Chemical is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells DOW? Learn more now.

Health and biotech earnings this week include Express Scripts (ESRX) on Monday; Biogen (BIIB) , Eli Lilly (LLY)  and Novartis (NVS) on Tuesday; Amgen (AMGN) , Anthem (ANTM)  and Baxter International (BAX) on Wednesday; and AbbVie (ABBV) , Allergan (AGN) , AthenaHealth (ATHN) , Bayer (BAYRY) , Boston Scientific (BSX) , Bristol-Myers (BMY)  and Celgene (CELG) on Thursday.

Allergan is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AGN? Learn more now.

Finance earnings include Ameriprise Financial (AMP) on Monday; Capital One (COF)  and Discover Financial (DFS) on Tuesday; Credit Suisse (CS) on Wednesday; and UBS (UBS) on Friday.

In tech and telecom earnings, U.S. Silica Holdings (SLCA) and Sohu.com (SOHU) will report on Monday; Texas Instruments (TXN) , AT&T (T) , Shutterfly (SFLY) , Juniper Networks (JNPR) and Xerox (XRX) on Tuesday; Netgear (NTGR) , Paypal (PYPL)  and Seagate (STX) on Wednesday; and Alphabet (GOOGL) , Amazon.com (AMZN) , Baidu (BIDU) , Microsoft (MSFT)  and Western Digital (WDC) on Thursday.

Western Digital and Alphabet are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells WDC or GOOGL? Learn more now.

On the economic calendar in the coming week: new home sales for March, the S&P Corelogic Case-Shiller Home Price Index for February and consumer confidence for April will be released on Tuesday; durable goods orders, international trade and the pending home sales index for March are scheduled for Thursday; Chicago PMI for April and the final reading on consumer sentiment for April are set for Friday.

Most importantly, the advance estimate of first-quarter GDP is set for Friday morning.

"The advance GDP release is likely to confirm a slowdown to a below-trend pace," TD Securities analysts wrote in a note. "We are roughly in line with the market consensus and look for a 1.3% print, reflecting sub-par consumer spending and a drag from net exports. The reading would be in stark contrast to relatively bullish survey data, though we note that residual seasonality is partly at play. Because of this, the Fed is likely to look through below-trend Q1 growth given robust labor market conditions."

Congress will also scramble to avoid a government shutdown by pushing through a continuing resolution. Negotiations will likely intensify on Friday ahead of the deadline of midnight, April 28. Office of Management and Budget Director Mick Mulvaney has said that money for President Trump's proposed border wall must be part of the spending bill Congress will look to pass, a major conflict for Democrats in opposition of the expensive project.

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