Group 1 - Berkshire Hathaway reported a 33.6% year-over-year increase in operating profit for Q3, with a record cash reserve of $382.7 billion [1] - Total revenue for Q3 reached $94.972 billion, a 2% increase year-over-year, exceeding market expectations of $91.55 billion; net profit was $30.796 billion, up 17% and also surpassing expectations of $12.73 billion [1] - The operating profit, which is highly valued by Buffett, was $13.485 billion, significantly up from $10.09 billion in the same period last year [1] - For the first nine months of the year, total revenue was $277.212 billion, a 0.25% year-over-year increase, while net profit fell over 30% to $47.993 billion [1] - Berkshire remains cautious about the market and valuations, having not repurchased any stock by the end of September, indicating a belief that the current stock prices are too high [1] Group 2 - This financial report is the last one before Buffett steps down as CEO, with Greg Abel set to take over at the end of the year [2] - Since the announcement of Buffett's retirement, Berkshire's Class B shares have dropped by 11%, while the S&P 500 has risen by 20%, raising concerns about the company's future operations post-Buffett [2] - Analysts have downgraded Berkshire Hathaway's stock rating to "underperform" due to potential pressures on its insurance business from falling prices in property catastrophe reinsurance and geopolitical conflicts affecting railway revenue [2] - Despite recent stock price declines, some investors, like Henry Asher from Polaris Group, continue to hold Berkshire shares, believing that the company's cash flow generation will remain strong regardless of Abel's performance [2] Group 3 - Buffett is expected to deliver a Thanksgiving address to shareholders on November 10, which may be his last speech to them [3]
股神卸任前的最后一份财报来袭：伯克希尔哈撒韦现金再创新高
Feng Huang Wang·2025-11-01 13:52