Berkshire Hathaway Get Strong Buy Rating

Due to a number of expansions in the insurance business, plus recent acquisitions and a strong third-quarter, Zacks earnings estimates were given an upward revision. In the last 60 days, the 2014 Zacks Consensus Estimate moved up by 1.4%. And for the 2015 estimate, it also moved up by the same consensus estimate amount. The …

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Energy Units, Insurance, Aid Third Quarter Berkshire Hathaway Earnings

During the third quarter of 2014, Berkshire Hathaway reported operating earnings of $1.91 per share, which is much farther ahead of the Zacks consensus estimate of $1.70 per share. When compared to the same quarter one year ago, earnings are favorable at the prior $1.49 per share. Growth in earnings was primarily from the insurance …

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Zacks Gives Berkshire Hathaway Outperform Rating

In a report released on Wednesday, Zacks recently restated their outperform rating on Berkshire Hathaway shares. The current price objective on the stock according to Zacks is $153 for Class B shares. An analyst at Zacks wrote, “Berkshire Hathaway’s first-quarter earnings missed the estimates by a couple of pennies. Despite the earnings miss, we retain …

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Berkshire Hathaway Downgraded to Neutral

Zacks downgraded Berkshire Hathaway stock to Neutral on December 5, 2013. The stock was previously ranked at Outperform. The downgrade was due to the earnings miss, and the company gave a negative surprise of 6.9%. The stock is currently listed as a Hold. Why Downgrade Berkshire Hathaway? During the third quarter of 2013, Berkshire Hathaway …

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