Berkshire Hathaway reported second-quarter earnings that showed a jump in net income, and a miss on operating earnings per share.
The company headed by Warren Buffett reported operating earnings per share of $2,803 ($2,910 expected according to Bloomberg) and net income of $5 billion, which rose 25% year-on-year.
This year, Berkshire added P&G’s Duracell and Precision Castparts to its investments.
Berkshire’s Class B shares were little changed in after-hours trading.
More to come …