According to the Zhidao Finance APP, the third-quarter results released by Berkshire Hathaway (BRK.A.US, BRK.B.US) show a revenue of $92.995 billion, market expectations were $83.2 billion, compared to $93.2 billion in the same period last year, a 0.2% decrease; attributable to shareholders' net income of $26.251 billion, compared to a loss of $12.767 billion in the same period last year. Earnings per share for Class A shares were $18272, compared to a loss of $8824 in the same period last year; earnings per share for Class B shares were $12.18, compared to a loss of $5.88 in the same period last year; operating profit was $10.09 billion, a 6% decrease, as insurance underwriting operating profit dropped significantly from $2.422 billion in the same period last year to $0.75 billion, with the market expecting total operating profit to be $10.9 billion, compared to $10.761 billion in the same period last year.

Due to the company's continued avoidance of major acquisitions and reduction of some of its most important equity holdings, as of September 30, 2024, the company's cash, cash equivalents, and short-term U.S. securities set a record, surpassing $300 billion to reach $325.21 billion, compared to $276.9 billion as of June 30.

The company did not repurchase any shares in the third quarter, and in the previous quarter, only repurchased $0.345 billion, with a total repurchase amount of $2.9 billion in the first 9 months.

Investment income in the third quarter was $16.16 billion, totaling $36.391 billion in the first 9 months, compared to a net loss of $23.528 billion in the same period last year.

As of September 30, 2024, the insurance float (net liabilities assumed under insurance contracts) was approximately $174 billion, an increase of about $5 billion from the end of 2023.

Berkshire expects a pre-tax insurance loss of $1.3 billion to $1.5 billion in October due to Hurricane Milton, and the related losses will be reflected in the fourth-quarter performance report.

As of September 30, 2024, 70% of Berkshire Hathaway's equity holdings are concentrated in five companies. Its stake in Apple (AAPL.US) decreased from 84.2 billion US dollars in the second quarter to 69.9 billion US dollars, indicating a 25% shareholding reduction; in Bank of America (BAC.US) from 41.1 billion US dollars to 31.7 billion US dollars. Berkshire Hathaway has reduced its holdings in Bank of America several times this year. As of October 10, Berkshire Hathaway holds 0.775 billion shares of Bank of America stocks, with a closing value of approximately 31 billion US dollars on that day.

Berkshire Hathaway's holdings in American Express (AXP.US) increased from 35.1 billion US dollars in the second quarter to 41.1 billion US dollars; in Coca-Cola (KO.US) from 25.5 billion US dollars to 28.7 billion US dollars; in Chevron (CVX.US) decreased from 18.6 billion US dollars to 17.5 billion US dollars.

As of the end of the third quarter of 2024, the fair value of fixed income securities held reached 16.042 billion US dollars, of which the fair value of investments in US Treasury bonds, foreign bonds, and corporate bonds were 4.516 billion US dollars, 9.904 billion US dollars, and 1.394 billion US dollars respectively.