Berkshire Hathaway will report second-quarter results Saturday morning, with share buybacks estimated at roughly $8.5 billion by UBS analyst Brian Meredith, up dramatically from just $235 million in the first quarter. This acceleration would signal strong confidence in the company’s valuation, with shares trading at an 8% discount to intrinsic value. On the operational side, Berkshire Hathaway Energy is expected to post a 31% jump in pre-tax operating earnings, while Geico is accepting thinner margins to drive growth. The company also closed its acquisition of Taylor Morrison and made a $10 billion investment in Alphabet to fund AI development.
Source: Read the original article
