It is the 7th of December 2019

Berkshire Hathaway Leaks Lower After EPS Misses Lowest Estimate

After admitting defeat on IBM earlier, Berkshire Hathaway reported Q1 operating earnings of $2,163 (against consensus expectations of $2705, and below the lowest analyst estimate).

  • *BERKSHIRE 1Q NET INCOME $4.06B
  • *BERKSHIRE 1Q OPER EPS $2,163, EST. $2,705
  • *BERKSHIRE'S IBM HOLDING HAD FAIR VALUE OF $11.2B AT MARCH 31

The stock is limping lower after hours...

This is the weakest quarterly EPS since Q2 2015...

Additionally GAAP Net Income was just $4,060 (notably less than the consensus $4,668).

==> Source: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/05/05/20170505_BRK1.jpg

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