Berkshire Hathaway Q1 Profit Declines - Quick Facts

(RTTNews) - Billionaire Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) reported first-quarter net earnings attributable to Berkshire shareholders of $4.7 billion or $2,862 per Class A equivalent share, down from $4.9 billion or $2,977 per Class A equivalent share in the year-ago quarter.

Operating earnings declined to $3.53 billion or $2,149 per Class A equivalent share from $3.78 billion or $2,302 per Class A equivalent share in the same quarter a year ago.

Revenue for the quarter was $33.96 billion, higher than $32.82 billion in the comparable quarter last year.