OMAHA, Nebraska, May 2 (Reuters) - Berkshire Hathaway ( BRK/A )
on Saturday reported a higher first-quarter operating
profit, aided by gains across the board led by stronger
underwriting results in insurance.
Operating profit for the Omaha, Nebraska-based conglomerate
rose 18% from a year earlier to $11.35 billion from $9.64
billion a year earlier.
Net income, including gains and losses on common stock
investments, more than doubled to $10.1 billion, or $7,027 per
Class A share, from $4.6 billion.
Berkshire said it repurchased $234 million of its own stock
in the quarter, its first buybacks since May 2024.
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