Wednesday, July 21, 2010

Earnings Reports: Coca-Cola, Wells Fargo, & U.S. Bancorp

Several key earnings reports were released this morning of stocks that combined represent over 40% of Berkshire Hathaway's equity portfolio. I have not reviewed the reports in detail yet but at first glance each looks solid or better.

Coca-Cola (KO)
Coke Tops Estimates as Volume Rises

Wells Fargo (WFC)
TheStreet.com: Wells Fargo Trounces Wall Street Profit View

US Bancorp (USB)
US Bancorp Reports Record Q2 Revenue

American Express (AXP), another large position (top five) of Berkshire Hathaway, will release their quarterly earnings tomorrow.

Adam

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