earnings
confidence high
sentiment positive
materiality 0.85
Berkshire Hathaway Q2 net earnings $35.9B vs year-ago loss; operating earnings up 6.6%
BERKSHIRE HATHAWAY INC
- Net earnings attributable to shareholders: $35.9B in Q2 2023 vs loss of $43.6B in Q2 2022.
- Operating earnings rose to $10.0B (Q2) from $9.4B; insurance-underwriting nearly doubled to $1.25B.
- BNSF earnings declined to $1.26B (Q2) from $1.66B; Berkshire Hathaway Energy flat at $0.79B.
- Share repurchases: $1.4B in Q2, bringing six-month total to $5.8B.
- Insurance float reached ~$166B at June 30, up ~$2B from year-end 2022.