Berkshire Hathaway Inc. (BRK.A) 1Q Profit Doubles

Legendary investor, Warren Buffett, has a busy couple a days ahead of time as Berkshire Hathaway Inc. (NYSE:BRK.A) released earnings and prepares for the annual shareholder meeting this weekend.  First, lets look at Berkshire’s earnings release. The company reported net income of$3.25 billion or $1,966 per share (Class A).  Analysts polled were looking for a net income of $2,297.50 if you follow the Class A shares or $1.53 earnings per share if you follow Class B shares.  Revenue wise, analysts wanted $39.154 billion.

If we look at last year’s quarter for Berkshire we saw $1.7...