Buffett's Berkshire expected to post a quarterly earnings surge as market comeback boosts portfolio

  • 📰 CNBC
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Investors are preparing for a variety of news in Berkshire Hathaway's second-quarter earnings report this weekend.

second-quarter earnings report this weekend, ranging from the possibility of record overall net income to weaker operating results from the conglomerate's industrials companies.

"Berkshire's 2Q net earnings will almost certainly be impressive," Stone wrote in an email. But "investors should be more interested in the operating earnings since that reflects the real earnings power of the firm." Utilities, often seen by investors as a bond proxy, could even be a source of strength in the second-quarter report, Stone said.But despite expectations for a blowout net income number, Berkshire's equity lagged the market during the second quarter and actually slipped 2.36%. That's all the more reason investors should be paying attention to how much of its own stock Berkshire purchased in the second quarter, according to UBS analyst Brian Meredith.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Looking forward at reaping the benefits.

manipulators want SP 500 in maax today . End game

Buffet quit on America

WarrenBuffett

Fed monetary inflation lifts all boats. Even a monkey looks like an investing genius in a stock market bubble.

The old man who capitulated and sold airlines at the absolute bottom, and then missed the historical V-shaped recovery ? No thanks .

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Groupon skyrockets 36% after earnings report beats Wall Street expectations (GRPN) | Markets InsiderGroupon on Thursday reported quarterly earnings that beat Wall Street's expectations.  Shares of Groupon surged as much as 36% in premarket... Groupon still exists!?!?
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Berkshire Hathaway stock price hits 5-month high on Buffett purchases - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Stocks Flat Despite Better-Than-Expected Jobless ClaimsI am a New York—based reporter for Forbes covering breaking news, with a focus on financial topics. Previously, I wrote about investing for Money Magazine and was an intern at Forbes in 2015 and 2016. I graduated from the University of St Andrews in 2018, majoring in International Relations and Modern History. Follow me on Twitter skleb1234 or email me at sklebnikovforbes.com skleb1234 Stock market goes up Pensions goes down Go figure. skleb1234 An American dies from COVID every 80 seconds.
La source: Forbes - 🏆 394. / 53 Lire la suite »