What to Expect from Berkshire Hathaway’s 1Q18 Earnings
Berkshire Hathaway (BRK.B) plans to announce its results on May 4. The company is expected to post 1Q18 earnings per share (or EPS) of $3,136, which implies growth of ~45% on a YoY basis helped by lower claims from the Insurance sector, improved efficiency from BNSF, higher revenues from manufacturing investments, and lower taxes. Insurance: Berkshire is expected to see a dip in claims on a sequential basis mainly due to lower reported calamities.