Warren Buffett’s Berkshire Hathaway said third-quarter earnings fell as unrealized investment gains declined but operating earnings climbed
Warren Buffett’s Berkshire Hathaway Inc. said third-quarter earnings fell as unrealized investment gains declined, but operating earnings climbed.
Berkshire reported third-quarter net earnings of $16.5 billion, or $10,119 per Class A share equivalent, from $18.5 billion, or $11,280 a share, in the year-earlier period. Last year’s third-quarter earnings surged due to unrealized investment gains.
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