Berkshire: Cash Soars, Operations Down
Here's our initial take on Berkshire Hathaway's (NYSE: BRK.B) (NYSE: BRK.A) fiscal 2025 first-quarter financial report.Berkshire Hathaway's earnings per share fell 64% year over year, missing Wall Street estimates. But it is worth noting that many Berkshire followers -- and Warren Buffett himself -- caution against investors relying too heavily on it. This quarter is a good example of why that is the case.Berkshire is a mix of operating businesses and a massive investment portfolio. Under accounting rules, the company must include unrealized gains and losses from that stock portfolio. That means the company has to report losses in a weak stock market even if it hasn't sold the stocks.Continue reading
Here's our initial take on Berkshire Hathaway's (NYSE: BRK.B) (NYSE: BRK.A) fiscal 2025 first-quarter financial report.
Berkshire Hathaway's earnings per share fell 64% year over year, missing Wall Street estimates. But it is worth noting that many Berkshire followers -- and Warren Buffett himself -- caution against investors relying too heavily on it. This quarter is a good example of why that is the case.
Berkshire is a mix of operating businesses and a massive investment portfolio. Under accounting rules, the company must include unrealized gains and losses from that stock portfolio. That means the company has to report losses in a weak stock market even if it hasn't sold the stocks.
