Berkshire Hathaway Scales Back Share Repurchases to $1.0B, Operating Earnings Gain

Seeking Alpha2022-08-06

Berkshire Hathaway (NYSE:BRK.B) (BRK.B) Q2 operating earnings rose 32% from the previous quarter and 39% from a year ago, on strength from all its major operating divisions. Slumping equity markets in...

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KH321
2022-08-08
KH321
OK
PearlynCSY
2022-08-08
PearlynCSY
Berkshire Hathaway reports operating earnings surge, but posts big investment loss amid market rout. The conglomerate’s operating earnings totaled $9.283 billion in the second quarter of 2022, marking a 38.8% increase from a year ago.However, the company posted a $53 billion loss on its investments during the quarter.Warren Buffett again asked investors to not focus on the quarterly fluctuations in its equity investments.“The amount of investment gains/losses in any given quarter is usually meaningless and delivers figures for net earnings per share that can be extremely misleading to investors who have little or no knowledge of accounting rules,” Berkshire said in a statement.The conglomerate showed a massive cash hoard of $105.4 billion at the end of June even though the giant has b
LEESIMON
2022-08-07
LEESIMON
‌[愛心] ‌Good
WKH
2022-08-07
WKH
Ok
yaozong7
2022-08-07
yaozong7
In Warren we trust!
Blading23
2022-08-07
Blading23
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Slumping equity markets in...</p>\n\n<a href=\"https://seekingalpha.com/news/3868521-berkshire-hathaway-q2-earnings\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BRK.A","symbol_name":"伯克希尔","start_time":0,"source_url":"https://seekingalpha.com/news/3868521-berkshire-hathaway-q2-earnings","article_id":"1165908204","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1165908204","pubTimestamp":1659788153,"sourceInfo":null,"weMediaInfo":null,"summary":"Berkshire Hathaway (NYSE:BRK.B) (BRK.B) Q2 operating earnings rose 32% from the previous quarter and","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"translate_title":"伯克希尔·哈撒韦公司将股票回购规模缩减至1.0亿美元，运营收益增加","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9},"content_text":"Berkshire Hathaway (NYSE:BRK.B) (BRK.B) Q2 operating earnings rose 32% from the previous quarter and 39% from a year ago, on strength from all its major operating divisions. 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Chevron (CVX) dropped out of one of its four top equity investments since Q1.Total revenue of $76.2B slipped from $78.8B in the prior quarter and climbed from $69.1B a year earlier.Insurance float was ~$147B at June 30, vs. $148B at March 31.For the corporation overall, pandemic lockdowns in various parts of the world and the Russia-Ukraine conflict means supply chain disruptions and inflationary pressures persisted during the quarter.In its GEICO insurance unit, underwriting earnings declined due to increased claims frequencies and severities and lower reductions of ultimate claim estimates for prior years' losses. Reinsurance underwriting earnings increased, reflecting foreign currency exchange rate gains. 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The conglomerate’s operating earnings totaled $9.283 billion in the second quarter of 2022, marking a 38.8% increase from a year ago.However, the company posted a $53 billion loss on its investments during the quarter.Warren Buffett again asked investors to not focus on the quarterly fluctuations in its equity investments.“The amount of investment gains/losses in any given quarter is usually meaningless and delivers figures for net earnings per share that can be extremely misleading to investors who have little or no knowledge of accounting rules,” Berkshire said in a statement.The conglomerate showed a massive cash hoard of $105.4 billion at the end of June even though the giant has b","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905261415","repostId":1165908204,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9905147247,"gmtCreate":1659842411392,"gmtModify":1703767008043,"author":{"id":"3579044609497336","authorId":"3579044609497336","name":"LEESIMON","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3579044609497336","authorIdStr":"3579044609497336"},"htmlText":"‌<a href=\"\">[愛心]&nbsp;</a>‌Good","listText":"‌<a href=\"\">[愛心]&nbsp;</a>‌Good","text":"‌[愛心] ‌Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905147247","repostId":1165908204,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":9905161996,"gmtCreate":1659839190617,"gmtModify":1703766948449,"author":{"id":"3561093925314119","authorId":"3561093925314119","name":"WKH","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/1c1eed764d9c7ff83dc093fbb9a96bc2","crmLevel":5,"crmLevelSwitch":1,"idStr":"3561093925314119","authorIdStr":"3561093925314119"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905161996","repostId":1165908204,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9905169839,"gmtCreate":1659839048522,"gmtModify":1703766945650,"author":{"id":"3553658931361428","authorId":"3553658931361428","name":"yaozong7","avatar":"https://community-static.tradeup.com/news/0db82c58fe151c6056334e54bf8ceeee","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3553658931361428","authorIdStr":"3553658931361428"},"htmlText":"In Warren we trust!&nbsp;","listText":"In Warren we trust!&nbsp;","text":"In Warren we trust!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905169839","repostId":1165908204,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9905197246,"gmtCreate":1659836930687,"gmtModify":1703766893570,"author":{"id":"3565700003213382","authorId":"3565700003213382","name":"Blading23","avatar":"https://community-static.tradeup.com/news/4cd7ba668d1c755bf79285b205abdfb2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3565700003213382","authorIdStr":"3565700003213382"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905197246","repostId":1165908204,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":710,"commentSize":213,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1165908204"}