Business
Berkshire Hathaway earnings are Saturday. Here’s what to watch.
Berkshire Hathaway
With its third-quarter earnings report on Saturday, it won’t take long for investors to review the returns. Corporate stock buybacks, share buybacks, and damage from Hurricane Ian and other hurricanes will get more attention.
The company (code: BRK. A, BRK. B) proved its status as a paradise this year. Class A shares fell 5% to $428,800, compared with a 21% drop of
S&P 500
It has a mountain of cash – more than $100 billion – and its earnings are strong, up 56% in the second quarter on the back of increased earnings from higher short-term interest rates and a larger equity portfolio. .