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Jim Cramer Breaks Down What He Expects From Apache, Qualcomm and XPO Logistics

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Happy earnings season...

Cramer broke down what to expect from Apache (APA) - Get APA Corp. Report , Qualcomm (QCOM) - Get Qualcomm Inc Report and XPO Logistics (XPO) - Get XPO Logistics, Inc. Report when they report after the bell.

Apache is expected to report earnings. Apache's earnings per share is expected to be $0.12, according to analysts polled by FactSet. 

Qualcomm is expected to post an earnings per share of $0.71. This will be the first earnings report for Qualcomm since Apple and Qualcomm settled their international legal grievances. 

XPO Logistics is expected to post an earnings per share of $0.41. 

Jim Cramer went through a lightning round for the three stocks to help investors understand what he's thinking. 

For Apache, Cramer said: "Too much gas."

Qualcomm? The stock ran too much, according to Cramer.

And, finally, what about XPO Logistics? Cramer said, "Probably decent quarter, but not good enough because of Amazon is going to say that they want the last quarter mile."

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