Q: What is Berkshire Hathaway 2024/Q4 Earnings Preview?

TigerGPT
02-19

TigerGPT Answer: ### Financial Forecast Data

**Earnings Per Share (EPS):**

- Forecast for Q4 2024: $4.59

- Actual for Q4 2023: $3.92

- Percentage Change: ((4.59 - 3.92) / 3.92) * 100 = 17.09%

**Total Revenue:**

- Forecast for Q4 2024: $82,768,580,000

- Actual for Q4 2023: $93,376,000,000

- Percentage Change: ((82,768,580,000 - 93,376,000,000) / 93,376,000,000) * 100 = -11.37%

**EBIT:**

- Not provided in the data.

**Significance of Changes:**

- The EPS forecast shows a significant increase of 17.09%, indicating improved profitability.

- The total revenue forecast shows a decrease of 11.37%, which could be a concern if it reflects a decline in business operations or market conditions.

### Quarterly Important News

1. **Portfolio Adjustments:**

- Berkshire Hathaway reduced its investment in several stocks but maintained its stake in Apple.

- Impact: This indicates a strategic shift in investment focus, potentially affecting future revenue streams.

2. **Increased Stake in Occidental Petroleum:**

- Berkshire Hathaway increased its stake in Occidental Petroleum, becoming the largest shareholder.

- Impact: This move could enhance long-term returns if Occidental Petroleum performs well.

3. **Reduction in Bank Stocks:**

- Significant reduction in bank stocks, including Bank of America.

- Impact: This could reflect a cautious outlook on the banking sector, potentially affecting short-term returns.

### Forecast Viewpoints

1. **Warren Buffett Winner Soars To Buy Point After Earnings Surge; More Funds Load Up**

- Warren Buffett Winner Soars To Buy Point After Earnings Surge; More Funds Load Up

2. **Warren Buffett's Favorite Energy Stock Is Focused On Debt Reduction And Reports Earnings Tuesday**

- Warren Buffett's Favorite Energy Stock Is Focused On Debt Reduction And Reports Earnings Tuesday

3. **Berkshire Hathaway Adjusts Portfolio, Keeps Apple Stake Unchanged, Offloads Stakes in BofA**

- Berkshire Hathaway Adjusts Portfolio, Keeps Apple Stake Unchanged, Offloads Stakes in BofA

### Stock Trend Analysis

- **Latest Stock Price:** $482.82 (as of 2025-02-19)

- **Support Level:** $448.9 (as of 2025-02-18)

- **Resistance Level:** $484.6 (as of 2025-02-18)

- **Quarterly Stock Price Fluctuation:** -0.81% (from 2024-09-30 to 2024-12-29)

**Analysis:**

- The stock price has shown a slight decline of 0.81% over the past quarter.

- The current price is near the resistance level, indicating potential upward movement if it breaks through this level.

- The support level at $448.9 suggests a strong base, limiting downside risk.

### Options Large Order Analysis

- **Call Options:**

- BRK.B 20260618 490.0 call: 4000 units bought

- **Put Options:**

- No significant put options mentioned.

**Analysis:**

- The presence of large call option orders suggests a bullish sentiment, indicating a higher probability of the financial report exceeding expectations.

### Analyst Ratings and Target Price Forecast

- **Analyst Ratings:**

- 1 recommend, 1 buy, 3 hold

- **Target Price:**

- Mean: $515.5

- Low: $495.0

- High: $536.0

**Valuation Status:**

- The current stock price of $482.82 is below the mean target price of $515.5, suggesting that the stock may be undervalued.

### Comprehensive Conclusion

Berkshire Hathaway's financial forecast for Q4 2024 shows a significant increase in EPS but a decrease in total revenue compared to the same period last year. The company's strategic portfolio adjustments, including increased stakes in Occidental Petroleum and reduced bank stocks, reflect a cautious yet opportunistic approach. The stock price analysis indicates potential upward movement, supported by bullish options activity and analyst ratings suggesting undervaluation. Overall, the financial report is likely to exceed expectations, driven by improved profitability and strategic investments.

**Disclaimer:** The above content is generated by the AI robot TigerGPT and does not represent any personal views. The content is for reference only and does not constitute any investment advice.

Is the Downturn a Good Time to Revisit Buffett's Wisdom?
Berkshire Hathaway grew a record cash pile even larger to $334 billion. Buffett has avoided many historic downturns throughout his long investing career. With the market showing no clear signs of bottoming out, is it time to revisit Buffett's investment philosophy? Which of his quotes have been the most eye-opening for you? And is Berkshire a good hedge in times like these?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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