Berkshire Hathaway Inc. (BRK.A), (BRK.B) reported Q1/15 financial results Friday.
Operating earnings, which exclude impact of gains/losses in its equity and derivatives contracts, surged by 20% to $4.24 billion, up from $3.53 billion in the first quarter of 2014. Net income for the first-quarter 2015 came in at $5.16 billion, or $3,143 per Class A share, an increase of 9.7% from $4.7 billion, or $2,862 per share, reported in the year-ago period.
Revenue rose 7% to $48.64 billion while book value per share, Buffett’s preferred measure of growth, rose 0.5% from year-end to $146,963 per class A share.
Berkshire also disclosed the Van Tuyl Group purchase for $4.1 billion.
Berkshire Hathaway Inc. Class B stock traded at $144.75 in the after hours session, up 0.97%.
Class A shares closed at $215,800.00 Friday, up 1.12%.