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OMAHA, Neb. (AP) _ Berkshire Hathaway Inc. (BRK.B) on Friday reported second-quarter earnings of $4.01 billion.

The Omaha, Nebraska-based company said it had profit of $1.63 per share. Earnings, adjusted for investment gains, came to $1.58 per share.

The conglomerate headed by investor Warren Buffett posted revenue of $51.37 billion in the period.

Berkshire shares have decreased slightly more than 4 per cent since the beginning of the year, while the Standard & Poor's 500 index has increased nearly 1 per cent. In the final minutes of trading on Friday, shares hit $143.55, a rise of 11 per cent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BRK.B at http://www.zacks.com/ap/BRK.B

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Keywords: Berkshire Hathaway, Earnings Report, Priority Earnings

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