Berkshire Hathaway B (NYSE:BRK.B) recently closed a trading day at $340.89, reflecting a decrease of -1.3% compared to the previous trading session. This performance was better than the S&P 500’s daily loss of 1.34%. In contrast, the Dow saw a drop of 0.98%, and the Nasdaq, which is tech-heavy, declined by 1.62%.
Over the past month, shares of Berkshire Hathaway B lost 6.77%. During the same period, the Finance sector decreased by 3.36%, while the S&P 500 lost 1.57%.
Investors are closely monitoring Berkshire Hathaway B’s financial results in its upcoming release. It is expected that the company will report earnings per share (EPS) of $4.74, marking a 34.28% increase compared to the same quarter of the previous year. The latest consensus estimate suggests revenue of $76.41 billion, indicating a 0.68% decrease compared to the same quarter of the previous year.
Berkshire Hathaway B’s full-year Zacks Consensus Estimates forecast earnings of $15.82 per share and revenue of $331.03 billion. These figures represent year-over-year changes of +13.24% and +9.58%, respectively.
Investors should also pay attention to any recent changes in analyst estimates for Berkshire Hathaway B. These adjustments frequently mirror the most current short-term business trends, which are subject to rapid changes. Positive revisions to estimates are generally considered a favorable indication of the company’s business prospects.
From a valuation perspective, Berkshire Hathaway B is trading at a Forward P/E ratio of 21.84. In comparison, the average Forward P/E ratio in its industry is 14.77, which indicates that Berkshire Hathaway B is trading at a premium to the group.
Berkshire Hathaway B’s PEG (Price/Earnings to Growth) ratio is 3.12. The PEG ratio is similar to the P/E ratio but also takes the expected earnings growth rate into account. As of the latest data, the Insurance – Property and Casualty industry has an average PEG ratio of 1.32.
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