earnings
confidence high
sentiment negative
materiality 0.75
Berkshire Q1 operating earnings $9.64B, down 14% YoY; net earnings $4.6B on $5B investment loss
BERKSHIRE HATHAWAY INC
- Operating earnings $9.64B vs $11.22B in Q1 2024, down 14% YoY.
- Insurance-underwriting earnings fell to $1.34B from $2.60B, down 48% YoY.
- Net earnings $4.60B including $5.04B after-tax investment losses (unrealized losses $7.4B pretax).
- Insurance float rose $2B to $173B; BNSF earnings $1.21B, BHE earnings $1.10B (up 53%).
- Annual meeting: all directors elected; all 7 shareholder proposals defeated.