earnings
confidence high
sentiment neutral
materiality 0.70
Berkshire Hathaway Q3 net earnings $26.25B vs prior-year loss; operating earnings down 6%
BERKSHIRE HATHAWAY INC
- Net earnings Q3 2024: $26.25B vs -$12.77B loss in Q3 2023; EPS Class A $18,272 vs -$8,824.
- Operating earnings Q3 2024: $10.09B vs $10.76B, down ~6% YoY.
- Insurance-underwriting profit fell to $750M from $2.42B; BHE profit tripled to $1.63B.
- Share repurchases of ~$2.9B in first nine months; insurance float rose $5B to $174B.
- Realized gains on investment sales: $18.4B after-tax in Q3; GAAP includes unrealized changes.