Berkshire Hathaway Turns To Profit In Q3

(RTTNews) - Billionaire Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) reported that its third quarter net earnings attributable to its shareholders was $26.25 billion or $18,272 per Class A share compared to a loss of $12.77 billion or $8,824 per Class A share in the same quarter last year.

Investment gains for the latest-quarter were $20.51 billion compared to Investment losses of $29.78 billion in the prior year.

Operating earnings for the quarter declined to $10.09 billion from $10.76 billion in the prior year.

Total revenues for the third quarter were $92.995 billion down from $93.210 billion in the previous year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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