Berkshire Hathaway B earnings, Revenue miss in Q4

  • Investing.com
  • Stock Market News
Berkshire Hathaway B earnings, Revenue miss in Q4
Credit: © Reuters.

Investing.com - Berkshire Hathaway B (NYSE: BRKb ) reported on Saturday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Berkshire Hathaway (NYSE: BRKa ) B announced earnings per share of $2.15 on revenue of $64.38B. Analysts polled by Investing.com anticipated EPS of $2.28 on revenue of $64.72B.

Berkshire Hathaway B shares are up 3% from the beginning of the year and are trading at $240.51 , down-from-52-week-high.They are outperforming the S&P 500 which is up 1.47% year to date.

Berkshire Hathaway B follows other major Financial sector earnings this month

Berkshire Hathaway B's report follows an earnings beat by Magnolia Oil on Monday, February 22, 2021, who reported EPS of $0.15 on revenue of $149.24M, compared to forecasts EPS of $0.1034 on revenue of $143.33M.

Berkshire Hathaway had missed expectations on Saturday with fourth quarter EPS of $3220 on revenue of $64.38B, compared to forecast for EPS of $3422.33 on revenue of $64.72B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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