© Reuters. Berkshire Hathaway B Earnings, Revenue miss in Q4
Investing.com – Berkshire Hathaway B (NYSE:) reported on Saturday fourth quarter that missed analysts’ forecasts and revenue that fell short of expectations.
Berkshire Hathaway (NYSE:) B announced earnings per share of $2.15 on revenue of $64.38B. Analysts polled by Investing.com anticipated EPS of $2.28 on revenue of $64.72B.
Berkshire Hathaway B shares are up 3% from the beginning of the year and are trading at $240.51 , down-from-52-week-high.They are outperforming the S&P 500 which is up 1.47% from the start of the year.
Berkshire Hathaway B follows other major Financial sector earnings this month
Berkshire Hathaway B’s report follows an earnings beat by Magnolia Oil on February 22, who reported EPS of $0.15 on revenue of $149.24M, compared to forecasts EPS of $0.1034 on revenue of $143.33M.
Berkshire Hathaway had missed expectations on Saturday with fourth quarter EPS of $3220 on revenue of $64.38B, compared to forecast for EPS of $3422.33 on revenue of $64.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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