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BRK-B (BRK-B) earnings date & stock reaction

BRK-B · Financials

BRK-B earnings date & time

Next earningsSat, November 7 around 3:00 PM ETscheduled

Schedule

Korea time (KST)
Sun, November 8
Reporting pattern
12 of last 12 before open
Typical move
±0.5% · 12-report avg

What the market expects

Consensus EPS

$5.78Coming in above this counts as a beat

Year-ago quarter
$6.25→-7.5%
Full earnings calendarFrom an earnings calendar

Price after the latest report

Reported August 8, 2026how the stock moved around it
Next-day move
-0.5%
After 5 days
-3.4%
Price around earnings
Around this report
Overlapped jobs releaseA major data release (CPI, jobs) came out around this report. On those days the whole market moves, so the reaction may be mixed with the data.

BRK-B (BRK-B) rose the day after earnings in 7 of its last 12 reports (58%), moving ±0.5% on average. It has fallen despite beating the consensus estimate 5 times.

Up next day
7/12
58%
Fell despite growth
5/12
Good earnings ignored
Price when beating
-0.1%
avg over 9 beats
Price when missing
+0.8%
avg over 3 misses
Avg earnings move
±0.5%
typical swing on earnings
Biggest single move
+1.8%
'25.5 · largest reaction
🔑What actually moves this stock?

Even when EPS beat expectations, the stock fell 5 of the last 9 times. The number alone doesn't move it.

What really matters here
Whether payouts+costs stayed below premiums (under 100% = profit)
In finance terms: Combined ratio
What to watch next report

When results drop, check the metric above vs last quarter and whether guidance beats expectations.

The real bar for this stock

Beating estimates isn't enough. Here's where the real surprise started.

Beat consensus 9 of 12 times
Median beat +6%. 5 of those beats still fell the next day.
Bigger beats didn't mean bigger gains
Surprise size and price moved separately here. Expectations, not beats, drive this stock.

How this stock reacts to earnings

Traits seen across its recent earnings reactions

Even strong results barely move the stock
Up the next day 4 of 9 beats (44%)
Reaction is erratic and hard to predict
Avg -0.1% on a beat, +0.8% on a miss
Big earnings-day moves tend to fade within days
Reversed the day-one move · 75% of last 12
vs Financials sector avg (202 peers)
This
+0.1%
Sector
+0.3%
Avg next-day reaction

Earnings number vs guidance: which drives it?

How often the beat/miss matched the actual price move

This stock reacts more to guidance & expectations than the reported number
Moved opposite to results 8 of last 12 times (67%)
5xBeat but fell
Even a beat sells off if guidance disappoints
3xMissed but rose
Even a miss rebounds if guidance reassures
Fell despite growth5/12

5/9 beats fell next day · watches Combined ratio

Next-day reaction
  • Jun 2026 report-0.5%
  • Mar 2026 report-0.1%
  • Dec 2025 report+0.5%
  • Sep 2025 report-0.2%
  • Jun 2025 report+0.2%
  • Mar 2025 report+1.8%

Earnings timeline · bars = next-day move, ▲▼ = beat/miss

Apr–Jun 2026 results
Reported 2026-08-08
Next-day move
-0.5%
After 5 days -3.4%
EPS consensus $5.13 → $6.03 ▲ +17.4% beatRev $61.4B → $70.1B +14% YoY
Price around earnings
Around this report
Overlapped jobs releaseA major data release (CPI, jobs) came out around this report. On those days the whole market moves, so the reaction may be mixed with the data.

Earnings trend · last 12 quarters

EPS$6.03YoY +17%
'23.11'26.8
Revenue$70.1BYoY +14%
'23.11'26.8

Earnings history and price reaction

BRK-B across its last 12 earnings reports: EPS versus consensus, the move on the earnings day, and the cumulative move five trading days later.
Quarter endedReported (ET)vs market expectation (consensus)Earnings dayAfter 5 days
6/20262026-08-08+17.4%-0.5%-3.4%
3/20262026-05-02+4.2%-0.1%+0.3%
12/20252026-02-28-8.5%+0.5%-0.5%
9/20252025-11-01+9.0%-0.2%+3.1%
6/20252025-08-02+2.7%+0.2%-2.2%
3/20252025-05-03-5.4%+1.8%-3.2%

12 reports, quarters ending 9/2023 to 6/2026. The earnings-day move is the first trading day that reflects the report; the five-day figure is the cumulative move from that point.

Frequently asked questions

When is the next BRK-B earnings date?

The next BRK-B (BRK-B) earnings report is expected Sat, November 7 around 3:00 PM ET. It comes from an earnings calendar and may not be a company-confirmed date; it updates automatically if it changes.

What is the consensus EPS forecast for BRK-B's next earnings?

Analysts expect EPS of about $5.78 for BRK-B (BRK-B). Coming in above that counts as a beat, below it a miss — though a beat does not guarantee the stock rises.

Does BRK-B (BRK-B) stock usually go up after earnings?

Over the last 12 earnings reports, the stock rose on 7 of them (58%). The average move on earnings day was ±0.5%.

Does BRK-B react more to the earnings numbers or to guidance?

In 8 of the last 12 reports (67%), the stock moved the opposite way from whether it beat or missed the forecast. A high share means guidance and expectations drive the move more than the reported numbers.

Can BRK-B stock fall even when earnings are good?

Yes. In 5 of the last 12 reports, BRK-B fell on the earnings day despite growing EPS. Expectations already priced in, or guidance, can matter more than the reported numbers.

Does BRK-B stock keep moving after the earnings day?

Over the last 12 reports, the move continued in the same direction for the following five trading days 25% of the time. This tendency is known as post-earnings announcement drift.