Saturday, August 4, 2018

Berkshire Hathaway Q2 Profit Rises

Berkshire Hathaway Inc. (BRK.A) reported that its second-quarter net earnings attributable to shareholders increased to $12.01 billion from $4.26 billion, prior year. Net earnings per average equivalent class A share was $7,301 compared to $2,592. Net earnings per average equivalent class B share was $4.87 compared to $1.73. The company noted that its second-quarter net earnings include investment and derivative gains of $5.12 billion. Operating earnings increased to $6.89 billion from $4.12 billion.

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