Skip to main content

Jim Cramer Weighs In on Merck, General Electric and McDonald's Earnings

Publish date:
Video Duration:

So, what's moving the markets Tuesday?

Jim Cramer will weigh in on McDonald's earnings, General Electric's earnings and Merck's earnings.

McDonald's (MCD) posted earnings per share of $1.78, beating expectations of $1.75. The company posted revenue of $4.96 billion, beating expectations of $4.93 billion.

"McDonald's was really good. You know, people are always looking for something...[Steve Easterbrook] digitizing the whole operation. He's doing incredible job. I like it," said Cramer. 

General Electric (GE) posted an EPS of 13 cents, beating expectations of 9 cents. The company posted revenue of $27.3 billion, narrowly beating estimates of $27 billion.

"Look, let's not get too excited. GE has a timing issue. The turbine orders came in a little bit better than expected, but that's pull-through later in the year and some of the customers finally paid a little bit ahead. So you've got a turbine number--a power number--that's actually rosier than it that it should be. Aerospace was terrific. I liked healthcare, but don't get too carried away," Cramer said. 

Merck (MRK) posted an adjusted EPS of $1.22, beating expectations of $1.05.

"I think Merck should not be down. Merck was good. Keytruda is taking it to them, but people want to rotate into Bristol Myers, which is cheaper than Merck," he said.

Watch Jim Cramer's Daily NYSE Show and Replays Below

Related Videos