Berkshire Hathaway Q3 operating earnings down 6% to $12.7B, cash at $377.4B
FROM THE WIRE · SEEKINGALPHA.COM
[Berkshire Hathaway Shareholders Meeting] Eric Francis/Getty Images News * Berkshire Hathaway press release [https://www.berkshirehathaway.com/news/nov0726.pdf] (BRK.A [https://seekingalpha.com/symbol/BRK.A]) (BRK.B [https://seekingalpha.com/symbol/BRK.B]): Q3 operating earnings…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishLower operating earnings and a large cash pile are key data points for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Third-quarter operating earnings were $12.7 billion, down 5.8% year over year.
- 02Cash, equivalents and short-term securities total $377.4 billion.
- 03Berkshire bought back roughly $9.6 billion of treasury shares.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets