The earnings per share of Berkshire Hathaway Inc. in 2006 has increased by 18.4 % from the previous year. The company gained nearly $16.9 billion in 2006 and that is the prime reason of this kind of hike in the per share earning of the company.
Berkshire Hathaway Inc. has almost 60 different companies. These companies include clothing, natural gas, insurance, jewelry, corporate jet firms and many more. At the same time, the company is also involved in a number of investment activities. It has invested in companies like Wells Fargo, Coca-Cola and so on. As a result of such diversified business line, the company makes huge profits.
These huge profits are the main cause of the phenomenal growth of the earnings per share of Berkshire Hathaway Inc.
The shares of the company are always among the best available investment options because they provide huge amount of returns to the investors. The Class A shares of the Berkshire Hathaway Inc. are among the most expensive investment options in the United States of America and the per share price of the shares of Berkshire Hathaway Inc.is more than US$ 100,000.
According to the published data of the third quarter of 2007, the company has earned revenue of nearly US$ 29,937.00. The net income of Berkshire Hathaway Inc. in that quarter, as stated in the data, was
US$ 4553 million. The diluted earning per share of Berkshire Hathaway Inc. was US$ 2,942.41. The financial statement further shows that the worth of the total assets of the company is around US$ 276,516.00 million in the third quarter of 2007. The number of equities, in the quarter was 119,903.00 and the growth in the returns on average equity was nearly 15.53%.
Key Statistics about Berkshire Hathaway Inc.
|Year||2008 (expected)||2007 (expected)||2006||2005|
|High||US$ 10,200.00||US$ 8682.28||US$ 5600.10||US$ 3015.00|
|Low||US$ 6025.00||US$ 6215.00||US$ 5575.00||US$ 2950.00|
|Earning Per Share||US$ 7012.60||US$ 7178.06||US$ 7144.00||US$ 3246.00|
|Consensus||US$ 7012.60||US$7178.06||US$ 5587.5||US$ 2982.50|