Investing.com - Berkshire Hathaway B (NYSE:BRKb) reported on Saturday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Berkshire Hathaway (NYSE:BRKa) B announced earnings per share of $2.4 on revenue of $66.52B. Analysts polled by Investing.com anticipated EPS of $2.39 on revenue of $66.63B. That with comparison to EPS of $2.32 on revenue of $70.36B in the same period a year before.Berkshire Hathaway B had reported EPS of $3.21 on revenue of $70.32B in the previous quarter.Analysts are expecting EPS of $2.66 and revenue of $64.54B in the upcoming quarter.
Berkshire Hathaway B shares are up 1% from the beginning of the year and are trading at $229.33 , down-from-52-week-high.They are under-performing the S&P 500 which is up 2.87% year to date.
Berkshire Hathaway B follows other major Financial sector earnings this month
Berkshire Hathaway B's report follows an earnings beat by Berkshire Hathaway on Saturday, who reported EPS of $3596.76 on revenue of $66.52B, compared to forecasts EPS of $3588.59 on revenue of $66.63B.
Mastercard had beat expectations on Wednesday, January 29, 2020 with fourth quarter EPS of $1.96 on revenue of $4.41B, compared to forecast for EPS of $1.87 on revenue of $4.4B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar