Berkshire Hathaway B Stock Outperforms Market, But Trails Sector Over Past Month
• Berkshire Hathaway B (BRK.B) stock closed 1.06% higher, outperforming the S&P 500's 0.89% gain and the Dow's 1.03% rise.
• BRK.B lagged the Finance sector and S&P 500 over the past month, up just 1.13% vs 3.13% and 3.56% respectively.
• For Q4 earnings, analysts expect BRK.B's EPS to fall 7.59% to $3.41 on 5.11% lower revenue of $81.03 billion.
• Full year forecasts are for EPS growth of 7.68% to $18.50 on a 1.34% revenue decline to $359.6 billion.
• BRK.B stock currently holds a Zacks Rank #2 (Buy) and trades at a premium to its industry average Forward P/E ratio.