Trending: Berkshire Hathaway Reports Strong 1Q Numbers
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Dow Jones
10:23 ET -- Berkshire Hathaway is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. Berkshire Hathaway reported stronger-than-expected operating profits in the first quarter. Berkshire earned a record $11.2 billion after taxes in the period, up 39% from the year-earlier period, as it reported results Saturday. On a per-share basis using the class A stock, Berkshire earned $7,796 from operations, excluding investment gains, well above the consensus estimate of $6,702 per share and up about 40% year over year. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)
(END) Dow Jones Newswires
May 06, 2024 10:39 ET (14:39 GMT)
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