Berkshire Hathaway Inc (BRK.B)

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Berkshire Hathaway Inc reports results for the quarter ended in January - Earnings Summary
By: Reuters | May 6, 2024

• Berkshire Hathaway Inc BRK.A reported quarterly adjusted earnings of $7,796.47?? per share for the quarter ended in January, higher than the same quarter last year, when the company reported EPS of $5,537.48. The mean expectation of two analysts for the quarter was for earnings of $6,824.88 per share. Wall Street expected results to range from $6,294.00 to $7,355.76 per share.

Revenue rose 5.2% to $89.87 billion from a year ago; analysts expected $87.04 billion.

Berkshire Hathaway Inc's reported EPS for the quarter was $8,825.00?.

The company reported quarterly net income of $12.7 billion.

Berkshire Hathaway Inc shares had fallen by 5.0% this quarter and gained 11.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2.2% in the last three months.?

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the consumer goods conglomerates peer group is "hold."

Wall Street's median 12-month price target for Berkshire Hathaway Inc is $697,410.00

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