Warren Buffett's Berkshire Hathaway late Friday posted third-quarter operating earnings of $3.8 billion, or $2,309 per Class A share, up 37% from the same 2010 period.
Berkshire said its derivative losses spiked to $1.6 billion from $95 million in the year-earlier period.
The conglomerate's non-insurance businesses reported operating earnings of $2 billion, up from $1.7 billion a year-earlier.
Berkshire's insurance-underwriting business generated income of $1.1 billion, helped by a hefty after-tax gain, compared with $199 milliona year ago.
Berkshire owns Geico, BNSF Railroad, and MidAmerican Energy among other companies.
Its Class A shares closed Friday at $115,806.
The stock is down 7% from 12 months ago.
No hay comentarios:
Publicar un comentario