(RTTNews) - Billionaire Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) reported that its first quarter net earnings attributable to shareholders climbed to $35.50 billion or $24,377 per Class A share from $5.58 billion or $3,784 per Class A share in the prior year.
Investment and derivative gains/losses included gain of $27.44 billion compared to a loss of $1.58 billion in the previous year.
Operating earnings for the first quarter grew to $8.07 billion from $7.16 billion in the previous year.
Total revenues were $85.39 billion up from $70.84 billion in the prior year.
The company repurchased about $4.4 billion of its Class A and B common stock in the first quarter of 2023.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
