Berkshire Profit Falls 7.7%

Losses in the company's derivatives portfolio offset the effect of adding railroad Burlington Northern to the conglomerate's suite of businesses.

Topics:  burlington northern   
BING NEWS:
  • Berkshire operating profit slips, cash pile hits record; Buffett unloads Apple, BofA
    In terms of overall net earnings attributable to shareholders, Berkshire (BRK.A)(BRK.A) swung to a profit of $26.25B from a loss of $12.77B a year ago. The sprawling conglomerate used about $2.9B ...
    11/2/2024 - 4:47 am | View Link
  • Berkshire’s cash soars to $325 billion as Buffett sells Apple, BofA; operating profit falls
    Berkshire also reported a 6% decline in quarterly operating profit, largely the result of higher insurance underwriting liabilities including for Hurricane Helene, and currency losses from a ...
    11/2/2024 - 3:14 am | View Link
  • Berkshire's Cash Soars to $325 Billion as Buffett Sells Apple, BofA; Operating Profit Falls
    Berkshire's quarterly operating profit declined 6% to $10.09 billion, or about $7,019 per Class A share, missing analyst estimates of $7,611 per share according to LSEG IBES. The decline stemmed ...
    11/1/2024 - 9:36 pm | View Link
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