Berkshire Hathaway’s non-insurance businesses generated $11.7 billion in Q2 after-tax earnings, outpacing market expectations amid insurance headwinds.
Berkshire Hathaway’s Class B shares trade just below the $525.08 analyst consensus target after Q2 results, yet underlying business performance may be overlooked. The conglomerate’s manufacturing, retail, and services units delivered $11.7 billion in after-tax earnings, offsetting insurance sector challenges.
While analysts focus on CEO Greg Abel’s cash deployment, Berkshire’s privately held businesses—including Duracell, Clayton Homes, and Precision Castparts—drove strong cash flow. These segments, often overshadowed by its stock portfolio, now underpin growth despite broader economic pressures.
The stock’s valuation may not fully reflect this operational strength, suggesting potential upside beyond near-term price targets.