Berkshire Hathaway (BRK.B) Q4 Earnings Rise Year Over Year
ACGLArch Capital .(ACGL) Zacks Investment Research·2024-02-27 00:16

Berkshire Hathaway Inc. (BRK.B) delivered fourth-quarter 2023 operating earnings of 8.5billion,whichincreased288.5 billion, which increased 28% year over year. The increase was driven by higher earnings in Insurance-underwriting and Insurance-investment income. Behind the Headlines Costs and expenses increased 20.5% year over year to 321.1 billion, largely due to an increase in expenses at Insurance and Other as well as Railroad, Utilities and Energy. Operating earnings from the Railroad business decreased 7.7% year over year to $1 ...