Warren Buffett's Berkshire Hathaway Reports Earnings Saturday—What You Need To Know

Category: Finance

Berkshire Hathaway is set to report its Q2 financial results, with a focus on operating income rather than net income or EPS. Investors will be keen to see how the company has utilized its $189 billion cash reserve, its share buyback activities, and updates on its insurance segment. Notable changes in its portfolio include a reduction in Apple shares and a significant stake in Bank of America. Analysts expect muted growth at GEICO but an acceleration in Berkshire's reinsurance units.

Keywords: Berkshire Hathaway, Warren Buffett, Q2 earnings report

Source: Investopedia

Update At: 8/2/2024

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