Berkshire Hathaway Q3 operating income up 18%
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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. ■