Currency Swing Accounted for $1.2B of Berkshire's $1.8B Operating Earnings Increase

3-line summary

• About $1.2 billion of Berkshire Hathaway's $1.8 billion year-over-year operating earnings increase came from the revaluation of its euro-, pound-, and yen-denominated debt, according to a Motley Fool report via Yahoo Finance.
• By segment, manufacturing/service/retailing earnings rose 24% to $4.5 billion, Berkshire Hathaway Energy rose 27% to $891 million, and BNSF railroad grew 6% to $1.6 billion, while insurance underwriting profit fell 13% to $1.7 billion.
• Excluding the currency swing, operating earnings grew about 5% year over year, versus the 16% headline figure.

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