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

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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.

 

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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 .

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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.
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