Berkshire Hathaway Posts Quarterly Loss As Stock Holdings Fall

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Berkshire Hathaway Posts Quarterly Loss As Stock Holdings Fall

Reuters2022-11-05

Nov 5 (Reuters) - Berkshire Hathaway Inc(BRK)on Saturday posted a third-quarter loss, as the conglomerate run by billionaire Warren Buffett said it lost money on its stock investments and from insurance underwriting.

The net loss of $2.69 billion, or $1,832 per Class A share, compared with a profit of $10.34 billion, or $6,882 per share, a year earlier.

Operating profit rose 20% to $7.76 billion, or about $5,294 per Class A share, from $6.47 billion, or about $4,331 per share, a year earlier, helped by foreign currency gains and improvement in several businesses.

Berkshire also repurchased $1.05 billion of its own stock in the quarter, and has repurchased $5.25 billion this year.

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ericbqlee
·2022-11-07
🙂
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J1000
·2022-11-07
K
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- J1000:
  K
  2022-11-07
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Pluto891
·2022-11-07
even Berkshire Hathaway lost money.. we shd not be too hard on ourselves?
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- Hayz:
  me 2
  2022-11-07
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Euching
·2022-11-06
Ok
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- missychatty:
  Ok
  2022-11-07
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Tuba
·2022-11-06
Ok
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5
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- Tuba:
  Ok
  2022-11-06
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Tuba
·2022-11-06
Ok
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blessed_1
·2022-11-06
Ok
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SPOT_ON
·2022-11-06
Oo
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1
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StarGate
·2022-11-06
Nice
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T202311701
·2022-11-06
O
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K74
·2022-11-06
Oh
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- K74:
  Time
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- K74:
  ?
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- K74:
  Years
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sailors
·2022-11-06
Ok
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- Myname:
  Ok
  2022-11-06
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tnerual
·2022-11-06
Pls like
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- Euching:
  done
  2022-11-06
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- Louis7779:
  Ok pls like back my post. Thanks
  2022-11-06
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- Stormriders28:
  Ok
  2022-11-06
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dIwIrma
·2022-11-06
👍
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  nice
  2022-11-06
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  👍
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Prosperity88
·2022-11-06
Well
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newminted
·2022-11-06
Ok
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Newbie_21
·2022-11-06
Ok
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amazinggrace
·2022-11-06
Please like thanks
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Lcc73
·2022-11-06
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