• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

World Elder Abuse Awareness Day

June 13, 2025

Costco to Restore Key Benefit for Executive Members at Select Stores

June 13, 2025

6 Tips for How to Follow up on a Job Application (With Examples)

June 13, 2025
Facebook Twitter Instagram
Trending
  • World Elder Abuse Awareness Day
  • Costco to Restore Key Benefit for Executive Members at Select Stores
  • 6 Tips for How to Follow up on a Job Application (With Examples)
  • What’s the Highest Paid Hourly Position at Walmart?
  • Mattel, OpenAI Sign Deal to Bring ChatGPT to ‘Iconic’ Toys
  • Google, Spotify Down in a Massive Outage Affecting Thousands
  • Here’s Why You Should Be Wary Of 401(k) Crypto Options
  • Why This Year’s Summer Sales Might Be a Let-Down
Friday, June 13
Facebook Twitter Instagram
FintechoPro
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
FintechoPro
Home » Why Does Berkshire Hathaway Report Earnings on Saturday? Let Warren Buffett Explain.
Investing

Why Does Berkshire Hathaway Report Earnings on Saturday? Let Warren Buffett Explain.

News RoomBy News RoomAugust 6, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

Warren Buffett insists Berkshire Hathaway report its earnings results on a weekend.


Bill Pugliano/Getty Images

Berkshire Hathaway
historically reports its quarterly financial results on weekends, and CEO Warren Buffet has a simple reason why.

Berkshire
(ticker: BRK.A, BRK.B) reported second-quarter earnings Saturday morning. Many other public companies, however, release their earnings results during the trading week, either before the market opens or after the closing bell.

Barron’s reached out to the holding company to ask about its release strategy, but did not get an immediate response back. However, Buffett has explained his rationale before.

“Media reports sometimes highlight figures that unnecessarily frighten or encourage many readers or viewers. We will attempt to alleviate this problem by continuing our practice of publishing financial reports late on Friday, well after the markets close, or early on Saturday morning,” Buffett said in a 2018 letter to shareholders.

“That will allow you maximum time for analysis and give investment professionals the opportunity to deliver informed commentary before markets open on Monday,” Buffett added.

And investors will have plenty to analyze throughout the weekend. Berkshire reported quarterly operating earnings record and second-quarter stock repurchases that totaled $1.4 billion.

Write to Angela Palumbo at [email protected]

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

How My Old Job Secretly Prepared Me to Build a Thriving Business

Investing June 10, 2025

Nvidia CEO Jensen Huang Says AI Lets Anyone Write Code

Investing June 9, 2025

Profitable, AI-Powered Tech, Now Preparing for a Potential Public Listing

Investing June 8, 2025

Enjoy a Lifetime of Intuit QuickBooks Desktop Pro Plus for Just $250

Investing June 7, 2025

Why Your New Company Needs a Mission Statement Before Its First Transaction

Investing June 6, 2025

8 Passive Income Ideas That Are Actually Worth Pursuing

Investing June 5, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

Costco to Restore Key Benefit for Executive Members at Select Stores

June 13, 20250 Views

6 Tips for How to Follow up on a Job Application (With Examples)

June 13, 20250 Views

What’s the Highest Paid Hourly Position at Walmart?

June 12, 20250 Views

Mattel, OpenAI Sign Deal to Bring ChatGPT to ‘Iconic’ Toys

June 12, 20250 Views
Don't Miss

Google, Spotify Down in a Massive Outage Affecting Thousands

By News RoomJune 12, 2025

Google Cloud and Spotify are down for tens of thousands of users, according to Downdetector.com.…

Here’s Why You Should Be Wary Of 401(k) Crypto Options

June 12, 2025

Why This Year’s Summer Sales Might Be a Let-Down

June 12, 2025

15 Companies Hiring for International Remote Jobs

June 12, 2025
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 FintechoPro. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.