Berkshire Hathaway Q2 revenue falls 15.9% but beats estimates

Earnings
โดย Yahoo Finance·Read original
Summary · why it matters

Berkshire Hathaway reported second-quarter revenues of $98.88 billion, down 15.9% year on year, exceeding analysts' expectations by 5.6%. The diversified holding company also beat earnings per share estimates, marking a very strong quarter overall. Among the 11 diversified financial services stocks tracked, the group's aggregate revenues surpassed consensus estimates by 3.2%, though next quarter's revenue guidance was in line. Berkshire Hathaway posted the slowest revenue growth in the group, yet its stock has risen 6.2% since the report to trade at $755,914. Other notable performers included Paymentus, which achieved the highest revenue growth at 30.2% and raised its full-year guidance, while NCR Atleos was the weakest with a significant miss on EBITDA and EPS estimates.

Impact on stocks 5

Digital Finance & Tokenization± Mixed · 4 stocks
NCR Atleos Corporation
NATL
▼ NegativeCapitalrelevance

NCR Atleos was the weakest performer with a significant miss on EBITDA and EPS estimates.

Paymentus Holdings, Inc.
PAY
▲ PositiveCapitalrelevance

Paymentus achieved the highest revenue growth at 30.2% and raised its full-year guidance.

Energy Transition & Power Demand · 1 stocks