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Jim Cramer Previews Boeing and Mattel's Earnings

Here's what Jim Cramer expects from Mattel and Boeing's earnings.
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Cramer looked ahead to two companies that are releasing earnings this week: Mattel and Boeing.

Mattel

According to FactSet, Mattel (MAT) - Get Mattel, Inc. Report is expected to announce earnings per share of 20 cents. The toy company's earnings come two days after Hasbro (HAS) - Get Hasbro, Inc. Reportdisappointed the market with its earnings.

Hasbro blamed the closure of Toys R Us's as part of the reason its earnings fell short of expectations.

On Mad Money Monday night, Cramer sat down with Brian Goldner, CEO of Hasbro. 

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Cramer talked to Goldner about the toy company's moves to make up for the bankruptcy of Toys R' Us. 

TheStreet's Scott Rutt broke down the segment, writing that, "Goldner said that 2019 will see Hasbro's return to growth as they move past Toys R' Us. He noted that inventory levels in the U.S. are down 17% and in Europe they're off 20%, as retailers continue to operate at very lean levels."

"When asked about China, Golder noted that 70% of their products are currently made in China, but that number will be less than 60% in two years. Play-Doh, for example, just resumed production in the U.S.," Rutt continued. 

Cramer thinks that Mattel's earnings will be closely aligned with Hasbro, as both companies relied heavily on Toys R' Us. 

Boeing

Boeing (BA) - Get Boeing Company Report is expected to announce earnings of $3.47 a share.

Real Money contributor, Stephen Guilfoyle breaks down the defense sector.