Berkshire operating earnings growth slows on BNSF, energy softness, lower investment gains

Category: Finance

Berkshire Hathaway's Q2 operating earnings grew 15.5% to $11.60B, down from 39% in Q1, with net earnings dropping 15.5% to $30.35B. The insurance segment saw gains, while railroad and energy segments faced challenges. The company repurchased $345M in shares, increasing its cash reserves to a record $276.94B. Investment gains improved to $18.75B, but overall investment in top holdings decreased.

Keywords: Berkshire Hathaway, operating earnings, insurance business

Source: Seeking Alpha

Update At: 8/3/2024

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