Warren Buffett's conglomerate Berkshire Hathaway reported a larger fourth-quarter profit on Friday, boosted by derivative gains. The company posted a profit of $4.56 billion, or $2,757 per Class A share, compared with a profit of $3.05 billion or $1,846 per Class A share a year earlier.Year-end book value, Buffett's preferred measure of the stock's worth, rose 14 percent to $114,214 per share.Earnings were boosted by $1.4 billion in derivative gains during the quarter. Otherwise, operating earnings rose only slightly in the period.Berkshire shares have been on a tear of late, gaining more than 13 percent this year. Both the Class A and Class B stock touched all-time highs Thursday.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A traded higher by 0.1% or $150.0/share to $152750.00. In the past year, the shares have traded as low as $117301.00 and as high as $153739.00. On average, 74467 shares of BRK-A exchange hands on a given day and today's volume is recorded at 512.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B fell by 0.11% or $-0.11/share to $102.05. In the past year, the shares have traded as low as $78.18 and as high as $102.33. On average, 4659830 shares of BRK-B exchange hands on a given day and today's volume is recorded at 4743828.
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