- Berkshire Hathaway’s first quarter operating income has risen to $11.22 billion, marking a 32% increase compared to the previous quarter.
- The company’s insurance underwriting operating income has seen a significant increase, reaching $2.6 billion from $848 million in the preceding quarter.
- In contrast, insurance-investment operating income has dropped slightly by 5.8% to $2.6 billion.
- Railroad operating earnings decreased by 16% to $1.14 billion in Q1.
- Income from other controlled businesses came in at $3.09 billion. Additionally, income from non-controlled businesses was reported at $405 million.
- There has been a notable improvement in other operating income, which amounts to $673 million, compared to a loss of $804 million in the previous quarter.
- Although, the net income for the period was $12.70 billion, down 66% compared to the previous quarter.
- The insurance float decreased slightly, down 0.6% to a value of $168 billion.
- Analyst perspectives on the company include two buy ratings, two hold ratings, and no sell ratings.
A look at Berkshire Hathaway Inc Cl A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts utilizing the Smartkarma Smart Scores system have provided an optimistic long-term outlook for Berkshire Hathaway Inc Cl A, with high scores across key factors. The company’s strong performance in areas such as value, growth, resilience, and momentum bodes well for its future prospects. Berkshire Hathaway Inc. is a diverse holding company with interests in insurance, railway, specialty chemicals, and various other sectors, showcasing its ability to weather different economic conditions and maintain steady growth.
Although Berkshire Hathaway Inc Cl A scored lower in the dividend category, its overall solid Smart Scores indicate a promising outlook for investors seeking a well-rounded investment option. With a focus on value, growth, resilience, and momentum, Berkshire Hathaway Inc Cl A exemplifies a strong and diversified investment choice in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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