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Berkshire Coverage

Berkshire Starts 2015 on a More Solid Note

Quarterly results were an improvement on prior-year earnings, though book value per share came in lower than we expected.

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Ahead of its annual meeting this weekend, wide-moat-rated  Berkshire Hathaway (BRK.B) released results for the first quarter of 2015 that were an improvement on prior-year earnings, but resulted in a rather lackluster improvement in book value per share. We do not expect to make any changes to our $168 per Class B share fair value estimate for the firm.

Greggory Warren does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.