Analysts Expect Berkshire Hathaway Inc. (BRK.B) Will Announce Earnings of $1.85 Per Share

Equities analysts expect that Berkshire Hathaway Inc. (NYSE:BRK.B) will post earnings per share of $1.85 for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for Berkshire Hathaway’s earnings. Berkshire Hathaway reported earnings of $1.87 per share during the same quarter last year, which indicates a negative year over year growth rate of 1.1%. The business is expected to announce its next quarterly earnings results on Friday, August 4th.

On average, analysts expect that Berkshire Hathaway will report full year earnings of $7.43 per share for the current financial year, with EPS estimates ranging from $7.20 to $7.67. For the next year, analysts anticipate that the business will post earnings of $8.32 per share, with EPS estimates ranging from $7.97 to $8.67. Zacks’ EPS calculations are an average based on a survey of research firms that cover Berkshire Hathaway.

A number of brokerages have recently weighed in on BRK.B. Vetr upgraded Berkshire Hathaway from a “hold” rating to a “buy” rating and set a $177.41 price target on the stock in a report on Monday, July 10th. Zacks Investment Research downgraded Berkshire Hathaway from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $168.71.

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