Berkshire Hathaway B (NYSE:BRKb) reported on Saturday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Berkshire Hathaway (NYSE:BRKa) B announced earnings per share of $2.88 on revenue of $70.32B. Analysts polled by Investing.com anticipated EPS of $2.87 on revenue of $70.19B.
Berkshire Hathaway B shares are up 7% from the beginning of the year, still down 10.85% from its 52 week high of $362.10 set on March 29. They are outperforming the S&P 500 which is down 13.31% from the start of the year.
Berkshire Hathaway B follows other major Financial sector earnings this month
Berkshire Hathaway B’s report follows an earnings beat by Berkshire Hathaway A on Saturday, who reported EPS of $4310.78 on revenue of $70.32B, compared to forecasts EPS of $4,309.9 on revenue of $70.19B.
JPMorgan had missed expectations on April 13 with first quarter EPS of $2.63 on revenue of $30.72B, compared to forecast for EPS of $2.7 on revenue of $30.66B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar