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Berkshire Hathaway Inc. (BRK.B), headquartered in Omaha, Nebraska, is a diversified holding company that owns businesses across insurance and reinsurance, freight rail transportation, utilities and energy, manufacturing services, and retailing. Valued at $936.37 billion by market cap, the company is chaired by prominent investor Warren Buffett, widely regarded as one of the world’s most successful investors. The conglomerate is expected to announce its fiscal second-quarter earnings for 2024 on Friday, Aug. 2.
Ahead of the event, analysts expect BRK.B to report a profit of $5.10 per share on a diluted basis, up 10.4% from $4.62 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing on one other occasion.
