© Reuters. Berkshire Hathaway B Earnings Beat, Revenue Misses In Q4

Investing.com – Berkshire Hathaway B (NYSE:) reported on Saturday fourth quarter that beat analysts’ forecasts and revenue that fell short of expectations.

Berkshire Hathaway (NYSE:) B announced earnings per share of $2.4 on revenue of $66.52B. Analysts polled by Investing.com anticipated EPS of $2.39 on revenue of $66.63B. That with comparison to EPS of $2.32 on revenue of $70.36B in the same period a year before. Berkshire Hathaway B had reported EPS of $3.21 on revenue of $70.32B in the previous quarter. Analysts are expecting EPS of $2.66 and revenue of $64.54B in the upcoming quarter.

Berkshire Hathaway B shares are up 1% from the beginning of the year , still down 0.98% from its 52 week high of $231.61 set on January 17. They are under-performing the which is up 2.87% year to date.

Berkshire Hathaway B follows other major Financial sector earnings this month

Berkshire Hathaway B’s report follows an earnings beat by Berkshire Hathaway on Saturday, who reported EPS of $3596.76 on revenue of $66.52B, compared to forecasts EPS of $3588.59 on revenue of $66.63B.

Mastercard had beat expectations on January 29 with fourth quarter EPS of $1.96 on revenue of $4.41B, compared to forecast for EPS of $1.87 on revenue of $4.4B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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2020-02-23