NYSE$BRK-B
Berkshire Hathaway Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Berkshire Hathaway's operating earnings increased, driven by insurance underwriting and investment income, while net earnings decreased due to investment losses.
Berkshire Hathaway reported a decrease in net earnings attributable to shareholders, primarily due to investment losses. However, operating earnings increased, driven by strong performance in insurance underwriting and investment income. The company also repurchased shares worth $345 million during the quarter.
- Net earnings attributable to Berkshire shareholders decreased to $30.348 billion compared to $35.912 billion in the same quarter last year.
- Operating earnings increased to $11.598 billion from $10.043 billion year-over-year.
- Insurance-underwriting earnings increased to $2.263 billion compared to $1.247 billion in the same quarter last year.
- Approximately $345 million was used to repurchase Berkshire shares during the second quarter of 2024.
Headline financials
Revenue & EPS history
Berkshire Hathaway · Revenue · Quarterly
$93.7B
Forward guidance
No specific forward guidance was provided in the press release.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2024
+0.1%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+2.6%
Avg return
30 days after
30%
10 / 33 earnings
Positive
+1.9%
Q2 2016
Best reaction
-1.6%
Q3 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | +1.1% | +3.3% | +4.0% | |
| Q4 2025 | +0.0% | -0.9% | -6.0% | |
| Q3 2025 | +0.0% | +3.3% | +6.5% | |
| Q2 2025 | +0.0% | -2.4% | +6.4% | |
| Q1 2025 | -0.5% | +0.0% | -4.7% | |
| Q4 2024 | +0.0% | +4.9% | +9.8% | |
| Q3 2024 | +0.0% | +1.8% | +5.6% | |
| Q2 2024 | +0.0% | +0.7% | +11.1% | |
| Q1 2024 | +0.0% | -0.5% | -5.7% | |
| Q4 2023 | +0.0% | +2.5% | +8.5% | |
| Q3 2023 | +0.0% | -1.5% | -3.7% | |
| Q2 2023 | +1.2% | +1.4% | +3.8% | |
| Q1 2023 | +1.2% | +1.7% | +7.7% | |
| Q3 2022 | -0.9% | +3.6% | +11.1% | |
| Q2 2022 | -0.2% | +0.8% | +9.9% | |
| Q1 2022 | -1.3% | -3.6% | -9.7% | |
| Q3 2021 | -1.6% | +0.3% | +3.5% | |
| Q2 2021 | +0.6% | +1.1% | +0.8% | |
| Q1 2021 | -1.1% | +1.7% | +6.5% | |
| Q3 2020 | +1.2% | +0.9% | -4.1% | |
| Q2 2020 | +0.7% | +0.9% | +9.7% | |
| Q1 2020 | -0.2% | -2.6% | +2.3% | |
| Q3 2019 | +0.3% | +0.3% | +2.8% | |
| Q2 2019 | +0.0% | +1.0% | -2.5% | |
| Q1 2019 | +0.0% | +2.2% | +7.9% | |
| Q3 2018 | +0.0% | +2.5% | -5.0% | |
| Q2 2018 | +0.0% | +0.5% | +6.7% | |
| Q1 2018 | +0.0% | +0.7% | -2.9% | |
| Q3 2017 | +0.0% | +2.1% | +2.5% | |
| Q2 2017 | +0.0% | +1.5% | +2.8% | |
| Q1 2017 | -0.4% | -0.9% | -1.3% | |
| Q3 2016 | +0.6% | +0.4% | +0.3% | |
| Q2 2016 | +1.9% | +0.1% | +1.5% | |
| Q4 2014 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q3 2012 | — | — | — | |
| Q1 2012 | — | — | — | |
| Q4 2011 | — | — | — | |
| Q3 2011 | — | — | — | |
| Q2 2011 | — | — | — | |
| Q1 2011 | — | — | — | |
| Q4 2009 | — | — | — | |
| Q4 2010 | — | — | — | |
| Q3 2010 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2009 | — | — | — | |
| Q1 2010 | — | — | — | |
| Q2 2009 | — | — | — | |
| Q3 2008 | — | — | — | |
| Q3 2009 | — | — | — |
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