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Barchart
Barchart
Aditya Sarawgi

Berkshire Hathaway Earnings Preview: What to Expect

Omaha, Nebraska-based Berkshire Hathaway Inc. (BRK.B) provides various services including property and casualty insurance and reinsurance, utilities, freight rail transportation, retailing, and more. With a market cap of $1 trillion, Berkshire Hathaway’s operations span the Americas, Indo-Pacific, Europe, and internationally. It is expected to release its Q3 earnings on Friday, Nov. 1.

Ahead of the event, analysts expect Berkshire Hathaway to report a profit of $4.57 per share, down 7.9% from $4.96 per share reported in the year-ago quarter. However, the company has surpassed Wall Street’s adjusted EPS projections in each of the past four quarters. Its adjusted EPS for the last reported quarter grew 17.9% year-over-year to $5.38, exceeding the consensus estimates by 11.4%.

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