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Berkshire Hathaway Q2 Profit Down - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Berkshire Hathaway Inc. (BRK.A, BRK.B) reported that its second-quarter net earnings attributable to shareholders declined to $3.108 billion from $3.417 billion in the same quarter last year. Net earnings per Class A equivalent share attributable to shareholders for the quarter were $1,882, down from $2,072 last year.

Operating earnings for the quarter rose to $3.720 billion from $2.704 billion in the prior year quarter. Operating earnings per Class A equivalent share for the quarter increased to $2,252 from $1,640 last year.

Total revenue for the quarter were $38.55 billion, compared to $38.27 billion in the year ago quarter.

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