We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Berkshire Hathaway (BRK.B) Q4 Earnings: What's in the Cards?
Read MoreHide Full Article
Berkshire Hathaway Inc. (BRK.B - Free Report) is expected to report fourth-quarter 2016 results on Feb 24, after the market closes. Last quarter, this company delivered a 4.79% positive earnings surprise. Let’s see how things are shaping up for this announcement.
Factors Influencing this Past Quarter
Berkshire Hathaway’s diversified stream for earnings and revenue generation insulate the company to some extent and cushion it from the risks associated with dependence on a particular aspect for growth.
The company’s fourth-quarter results should have benefitted from better performances at utilities and energy, manufacturing, service and retail, as well as finance and financial products segments. Better revenues from the railway business as well as Manufacturing, Service and Retail segments should drive the topline.
Prudent acquisitions are likely to have impacted the operational results favorably.
Berkshire Hathaway is likely to have witnessed investment gains, particularly post the election of Donald Trump as the new President.
However, Berkshire Hathaway incurrs high expenses due to rail road operations. This is likely to weigh on margin expansion.
With respect to the surprise trend, this Zacks rank #3 (Hold) stock beat expectations in three of the last four quarters with an average beat of 0.32%.
The company’s share price has been uptrend over the last few days. We wait to see how the stock reacts to the quarter’s results.
Everest Re Limited , which has a Zacks Rank #1, posted 121.86% positive surprise in the fourth quarter.
White Mountains Insurance Group, Ltd. (WTM - Free Report) , which flaunts a Zacks Rank #1, posted 228.67% positive surprise in the fourth quarter.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017? Who wouldn't? Last year's market-beating Top 10 portfolio produced 5 double-digit winners. For example, oil and natural gas giant Pioneer Natural Resources and First Republic Bank racked up stellar gains of +44.9% and +44.3% respectively. Now a brand-new list for 2017 has been hand-picked from 4,400 companies covered by the Zacks Rank. See the 2017 Top 10 right now>>
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Image: Bigstock
Berkshire Hathaway (BRK.B) Q4 Earnings: What's in the Cards?
The company’s fourth-quarter results should have benefitted from better performances at utilities and energy, manufacturing, service and retail, as well as finance and financial products segments. Better revenues from the railway business as well as Manufacturing, Service and Retail segments should drive the topline.
Berkshire Hathaway Inc. Price and EPS Surprise
Berkshire Hathaway Inc. Price and EPS Surprise | Berkshire Hathaway Inc. Quote
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017? Who wouldn't? Last year's market-beating Top 10 portfolio produced 5 double-digit winners. For example, oil and natural gas giant Pioneer Natural Resources and First Republic Bank racked up stellar gains of +44.9% and +44.3% respectively. Now a brand-new list for 2017 has been hand-picked from 4,400 companies covered by the Zacks Rank. See the 2017 Top 10 right now>>