© Reuters. Berkshire Hathaway B earnings, first quarter sales beaten
Investing.com – Berkshire Hathaway B (NYSE 🙂 reported on Saturday’s first quarter that it outperformed analysts’ forecasts and revenue exceeded expectations.
Berkshire Hathaway (NYSE 🙂 B announced earnings per share of $ 5.09 on sales of $ 64.60 billion. Analysts polled by Investing.com expected earnings per share of $ 2.55 on sales of $ 63.41 billion.
Berkshire Hathaway B stocks are up 18% year-to-date and are still down 0.98% from the 52-week high of $ 277.68 set on April 29. They outperform the S&P 500, which is up 11.32% year-to-date.
Berkshire Hathaway B shares lost 0.02% in over-the-counter trading, according to the report.
Berkshire Hathaway B follows other major financial sector earnings this month
The Berkshire Hathaway B report follows a jump in earnings by JPMorgan on April 14, which reported earnings per share of $ 4.5 on revenue of $ 33.12 billion, compared with forecast earnings per share of $ 3.1 on sales of $ 30.49 billion.
Mastercard beat expectations on Thursday with earnings per share of $ 1.74 on revenue of $ 4.16 billion, compared to a forecast for earnings per share of $ 1.58 on revenue of $ 4 billion .
Stay up to date on all upcoming earnings reports by visiting Investing.com’s earnings calendar
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