At first glance, the $43.76 billion Q2 loss posted by Berkshire (BRK.A) might seem unnerving but a little digging indicates the well-oiled Berkshire machine continues to perform even in a difficult macro backdrop. The insurance and energy to apparel and watches conglomerate reported an EPS of $4,860 versus the Street expectations of $4,740. Additionally, revenue grew 10.2% year-over-year to $76.18 billion. Importantly, operating earnings jumped 38.7% to $9.28 billion. This is a significant jump at a time when companies are reeling from cost pressures and inflation. Berkshire is a holding company and keeps putting its cash pile to use by investing in names that the Oracle of Omaha favors.
https://www.tipranks.com/news/article/berkshire-stock-more-than-meets-the-eye-in-q2-numbers?utm_source=advfn.com&utm_medium=referral
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