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Berkshire Should Show a Loss, but Operating Profits Should Rise

Por: MarketWatch Business November 01, 2023

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Operating profits, excluding unrealized losses in the equity portfolio and other investment results, are expected to show a gain of about 23% in the third quarter to $6,540 for a class A share, according to . That would mean about $9.5 billion of operating income after taxes. The increase in operating profits for could have been driven by higher rates lifting interest income on Berkshire’s cash balance of nearly $150 billion, which is... + full article



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