Warren Buffett's Berkshire Hathaway is scheduled to release its second quarter earnings report after the 4pm ET closing bell today, Friday.
Just over a week ago, the less-than-robust consensus forecast of the handful of analysts who follow the company called for operating profits of $1414.67 a share. (See the WBW post Berkshire Hathaway's Q2 Earnings Release Set For August 8.)
Since then, the forecast has slipped a bit. Right now, it stands at $1370.33. (The first light blue bar in the CNBC.com chart below.)
That's still an increase over the first quarter's $1247.00, but it represents a drop of almost 16 percent from last year's second quarter ($1625.00). It would also be the fourth straight year-over-year drop for Berkshire's earnings.