Berkshire Hathaway Q3 Profit Surges - Quick Facts

(RTTNews) - Billionaire Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) reported that its third quarter net earnings attributable to shareholders climbed to $18.54 billion from $4.07 billion reported last year.

Net earnings per average equivalent Class A share rose to $11,280 from $2,473 last year.

Operating earnings for the quarter surged to $6.88 billion from $3.44 billion in the previous year.

Total revenues were $49.20 billion, up from $46.27 billion last year.

Insurance premiums earned increased to $14.33 billion from the prior year's $13.35 billion while sales and service revenues grew to $33.25 billion from $32.06 billion a year ago.