Posted 1/19/2024, 10:45:21 PM
Berkshire Hathaway B Stock Outperforms Major Indexes But Faces Earnings Drop
- Berkshire Hathaway B (BRK.B) stock closed up 1.27% on the day, outperforming the S&P 500, Dow, and Nasdaq
- BRK.B stock has climbed 1.75% over the past month, beating the Finance sector's 3.81% loss
- BRK.B's upcoming EPS is projected to be $1.78, a 41.64% drop year-over-year
- The Zacks Rank system rates BRK.B a #3 (Hold) based on estimate changes
- The Insurance - Property and Casualty industry ranks in the bottom 39% of Zacks industries, with BRK.B trading at a premium 19.95 forward P/E