Warren Buffett's Berkshire Hathaway Inc on Friday said second-quarter profit soared 41 percent, reflecting a substantial increase in investment gains and improved results in businesses not related to insurance. Net income rose to $6.4 billion, or $3,889 per Class A share, from $4.54 billion, or $2,763 per share, a year earlier.Quarterly operating profit rose 11 percent to $4.33 billion, or $2,634 per Class A share, from $3.92 billion, or $2,384 per share.Analysts on average expected operating profit of $2,482 per Class A share, according to Thomson Reuters I/B/E/S. Book value per share, Buffett's preferred measure of growth, has risen 5.6 percent this year to $142,483.
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 0.61% or $1155.0/share to $189279.00. In the past year, the shares have traded as low as $163038.00 and as high as $194670.00. On average, 234 shares of BRK-A exchange hands on a given day and today's volume is recorded at 395.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B traded higher by 0.32% or $0.4/share to $125.83. In the past year, the shares have traded as low as $108.12 and as high as $129.73. On average, 2623120 shares of BRK-B exchange hands on a given day and today's volume is recorded at 3930039.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.82% or $-0.31/share to $37.50. In the past year, the shares have traded as low as $32.87 and as high as $38.73. On average, 767789 shares of TRI exchange hands on a given day and today's volume is recorded at 829169.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.49% or $-0.2/share to $40.99. In the past year, the shares have traded as low as $34.52 and as high as $42.10. On average, 588577 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 1050419.
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