Warren Buffett's Berkshire Hathaway Expected To Report Lower Earnings Friday

CNBC:

Warren Buffett's Berkshire Hathaway is expected to report a decline in quarterly operating earnings for the third quarter, its fifth consecutive year-over-year quarterly drop.

Berkshire's results will be released after tomorrow's (Friday) stock market close.

Thomson One Analytics has forecasts for Berkshire's earnings per share from just two analysts covering the stock: $1425 and $1433.38.

Read the whole story: CNBC

Comments

[worldtraveller]

"taking advantage of the market's continued declines to buy U.S. stocks"

hmm... like standing in front of a train

[themodernleader]

In an earlier blog I advised Mr. Buffett to sell his equities and stay away from municipal bonds. This advice would have saved him billions.

[aznurse]

What is berkshire hathaway?

[pmharrell]

Maybe he shouldn't have put so much money into US stocks.

[electionisover]

Where should he put the money for a mutual fund that invests in US Stocks?

Wow.

[electionisover]

Warren is one of the last people Americans should listen to. He is a billionaire that makes his money exploiting your weaknesses.

[gisellestwocents]

That's a very vague and conclusory statement. I disagree.