Unrealized Investment Losses Impact Berkshire's 1Q Results; No Change to FVE
Wide-moat rated Berkshire Hathaway's reported first-quarter results that were basically in line with our expectations. We are leaving our $330,000 ($220) per Class A (B) share fair value estimate in place. First-quarter revenue, which now includes unrealized (as well as realized) gains/losses from Berkshire's investments and derivatives portfolios, decreased 22.5% to $50.5 billion. Excluding the impact of investment and derivative gains/losses, first-quarter revenue decreased 9.2%, with much of ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.