OMAHA, Neb. (AP) - Berkshire Hathaway reported a 32 percent jump in fourth-quarter earnings as its eclectic collection of subsidiaries mostly performed well.

OMAHA, Neb. (AP) Berkshire Hathaway reported a 32 percent jump in fourth-quarter earnings as its eclectic collection of subsidiaries mostly performed well.

The conglomerate based in Omaha, Nebraska, that Warren Buffett leads said Saturday that it earned $5.48 billion, or $3,333 per Class A share. That's up from $4.16 billion, or $2,529 per Class A share, a year earlier.

The three analysts surveyed by FactSet expected Berkshire to report earnings per Class A share of $3,129.58 in the fourth quarter.

Berkshire's insurance companies, which include Geico and General Reinsurance, recorded a $306 million underwriting profit, up from $191 million.

The company's BNSF railroad and utility businesses also performed well as Berkshire's revenue grew 7 percent to $51.8 billion.

Berkshire also released Buffett's annual letter to shareholders Saturday.