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BRK.A
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Sep 27 closing price
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$420791.41
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+$2690.41 (+0.64%)
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634.15B
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Sergey Savastiouk's Avatar
published in Blogs
May 04, 2019
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Berkshire Hathaway (BRK.A, $327,765.63) had net earnings of around $21.7 billion in Q1

Berkshire Hathaway registered a marked improvement in earnings performance, as the conglomerate raked in net earnings of around $21.7 billion for the first quarter. The earnings include about $15.5 billion in earnings on investments, $608 million on derivatives, and operating earnings of nearly $5.6 billion.

In the year-ago quarter, the company incurred around $1.14 billion loss.

For the first quarter, Berkshire reported net earnings of $13.209 per Class A share and $8.81 per Class B share. In the year-ago period, the company posted a -$692 loss per Class A share and -46-cent loss per Class B share. 

The company had repurchased shares of Class A and B common stock for an aggregate amount of approximately $1.7 billion during the quarter.

 

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General Information

a holding company which offers insurance, rail transportation and energy generation & distribution services

Industry MultiLineInsurance

Profile
Fundamentals
Details
Industry
Multi Line Insurance
Address
Suite 1440
Phone
+1.402.346.1400
Employees
360000
Web
http://www.berkshirehathaway.com
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