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Berkshire Hathaway earnings miss by $107 per share

Akin OyedeleAug 6, 2016, 01:54 IST

Berkshire Hathaway reported second-quarter earnings that missed analysts' expectations by $107 per share.

The company headed by Warren Buffett reported operating earnings per share of $2,803 ($2,910 expected according to Bloomberg) and net income of $5 billion, which rose 25% year-on-year.

This year, Berkshire added P&G's Duracell and Precision Castparts to its investments.

Berkshire's Class B shares were little changed in after-hours trading.

More to come ...

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