Legendary investor, Warren Buffett, has a busy couple a days ahead of time as Berkshire Hathaway Inc. (NYSE:BRK.A) released earnings and prepares for the annual shareholder meeting this weekend. First, lets look at Berkshire’s earnings release. The company reported net income of$3.25 billion or $1,966 per share (Class A). Analysts polled were looking for a net income of $2,297.50 if you follow the Class A shares or $1.53 earnings per share if you follow Class B shares. Revenue wise, analysts wanted $39.154 billion. If we look at last year’s quarter for Berkshire we saw $1.7 billion in losses due to…
Berkshire Hathaway Inc. (BRK.A) 1Q Profit Doubles
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.