Earnings per share came in at $2,811, adjusted for investment and derivative losses, beating estimates compiled by FactSet of $2,560.29 per share. Last year's net income stood at $2,227.99 per share. The company posted revenue of $51.2 billion, compared to the forecast of $51.3 billion and higher than last year's $46.5 billion.
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The Omaha, Neb.-based conglomerate owns over 80 companies, from utilities to railroads to insurance companies. It also owns 400 million shares, or 9.1%, of Coca-Cola (KO) and 68.1 million shares, or 6.3%, of IBM (IBM) .
A Shares of Berkshire Hathaway ended the trading day up slightly, closing at $214,970 per share, a new record for the stock. Shares are up 20.8% since the start of the year. B shares closed at $143.61, up 21% for the year to date.
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