When
Berkshire Hathaway
reports its 3rd-quarter earnings on Saturday, traders will not be investing a whole lot of time seeking at the bottom line. The conglomerate’s stock buybacks, equity buys, and losses from Hurricane Ian and other storms will get extra focus.
The business (ticker: BRK. A, BRK. B) has demonstrated its standing as a haven this yr. The Course A shares are down 5% to $428,800, from a 21% drop in the
S&P 500
It is sitting down on a mountain of cash—over $100 billion—and its earnings have been sturdy, climbing 56% in the next quarter served by greater cash flow from increased short-term curiosity costs and a much larger equity portfolio.
When
Berkshire Hathaway
reports its 3rd-quarter earnings on Saturday, traders will not be investing a whole lot of time seeking at the bottom line. The conglomerate’s stock buybacks, equity buys, and losses from Hurricane Ian and other storms will get extra focus.
The business (ticker: BRK. A, BRK. B) has demonstrated its standing as a haven this yr. The Course A shares are down 5% to $428,800, from a 21% drop in the
S&P 500
It is sitting down on a mountain of cash—over $100 billion—and its earnings have been sturdy, climbing 56% in the next quarter served by greater cash flow from increased short-term curiosity costs and a much larger equity portfolio.
