Berkshire Hathaway Inc. (BRK.B) is scheduled to report its fourth-quarter and full-year results on February 22. Wall Street expects the company to post higher earnings and revenue over the prior-year quarter. In this piece, I have discussed why it could be wise to wait for a better entry point in the stock now, despite the expected rise in earnings and revenue.
For the fourth quarter, BRK.B’s EPS and revenue are expected to increase 24% and 3.2% year-over-year to $3.79 and $80.68 billion, respectively. The company has a stellar earnings history, having beaten the consensus EPS estimate in three of the trailing four quarters.
