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Bank Earnings Have Disappointed; Even Goldman’s Beat Seems Lackluster

August 4, 2023
in Trade Tube
Reading Time: 1 min read
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Stocks opened higher at Friday’s opening bell, after a difficult week for markets and investors. Energy led the gains as oil prices rebounded. Shares Goldman Sachs, however, declined after the bank’s bottom-line beat was overshadowed by poor trading revenue. One stock to keep an eye on is Kinder Morgan (KMI), one of Jim Cramer’s Action Alert Picks at TheStreet, as it reports earnings after the bell. The company is looking to post earnings of around $0.35 a share, after missing at $0.33 a share this time last year.

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