Berkshire Hathaway Reports Q1 EPS Of $5.09, Consensus Of $2.53

Berkshire Hathaway reports Q1 revenue of $64.6 billion, and consensus of $63.66 billion. Berkshire's investments include gains of approximately $2.8 billion. Approximately $6.6 billion was used to purchase shares of class A and class B common stock.

Person Holding Blue and Clear Ballpoint Pen

Image Source: Pexels

Berkshire Hathaway (BRK-A) (BRK-B) reports Q1 revenue of $64.6 billion, and consensus of $63.66 billion. Berkshire's investments include gains of approximately $2.8 billion in Q1. Approximately $6.6 billion was used to purchase shares of class A and class B common stock during Q1.

On March 31, there were 1,525,655 class A equivalent shares outstanding. At March 31, insurance float was approximately $140 billion, an increase of approximately $2 billion since the end of 2020. Approximately 69% of Berkshire's aggregate fair value was concentrated in four companies:

  1. American Express (AXP) - $21.4 billion.
  2. Apple (AAPL) - $110.9 billion.
  3. Bank of America (BAC) - $40.0 billion.
  4. and Coca-Cola (KO) - $21.1 billion.
Disclaimer:

TheFly's news is intended for informational purposes only and does not claim to be actionable for investment decisions. Read more at TheFly.com.

Comments