Berkshire Hathaway Reports 70 Percent Jump in 1Q Earnings on Strong Performance From Investments. Berkshire Hathaway Inc., billionaire Warren Buffett's investment vehicle, reported a 70 percent jump in first-quarter earnings on strong performance from its investments and insurance businesses.
Berkshire's net earnings were $2.3 billion, or $1,501 per share, for the three months ended March 31, compared with last year's $1.4 billion, or $886 per share, according to Berkshire's filing with the Securities and Exchange Commission released late Friday afternoon.
Berkshire earned $526 million on investments during the quarter, compared to a loss of $77 million a year ago.
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Berkshire's net earnings were $2.3 billion, or $1,501 per share, for the three months ended March 31, compared with last year's $1.4 billion, or $886 per share, according to Berkshire's filing with the Securities and Exchange Commission released late Friday afternoon.
Berkshire earned $526 million on investments during the quarter, compared to a loss of $77 million a year ago.
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