© Reuters. Berkshire Hathaway’s earnings missed expectations, but revenue met expectations in Q2
Investing.com – Berkshire Hathaway’s (NYSE: ) second-quarter report missed analysts’ expectations. The report was released on Saturday, and the company posted revenue that matched expectations.
Earnings per share were $3.75, while revenue was $82.12B. Market surveys from Investing.com indicated earnings per share of $3.76 and the company’s earnings to be $82.12B. Well and in terms of the last quarter
During the year, Berkshire Hathaway shares traded 13% higher, underperforming the S&P 500 which is 16.63% higher for the year.
Follows Berkshire Hathaway stock sector profits non-cyclical consumption other this the month
On Saturday, Berkshire Hathaway A reported second quarter EPS of $5624.89 on revenue of $82.12B, compared to forecasts of EPS of $5641.59 on revenue of $82.12B.
Procter & Gamble’s earnings beat analyst expectations on the 28th, during the fourth quarter, with quarterly earnings per share of $1.37 and revenue of $20.6B. Investing.com analysts forecast earnings of $1.32 on revenue of $19.97B.
2023-08-06 10:06:00
#Berkshire #Hathaway #Earnings #Missed #Expectations #Revenue #Matched #Expectations #Investing.com
