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Berkshire Hathaway Q3 operating income up 18%

Christian Fernsby |
Berkshire Hathaway reported operating income of $6.47 billion in the third quarter, rising 18% from $5.48 billion in the same quarter a year ago.

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Operating earnings from its railroad, utilities and energy segment grew 11% year over year to $3.03 billion in the third quarter.

Berkshire’s cash pile reached a record $149.2 billion, up from $144.1 billion in the second quarter.

Overall earnings, which reflect Berkshire’s fluctuating equity investments, fell to $10.3 billion in the third quarter.

The extent of the effects over longer terms cannot be reasonably estimated at this time.

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