Mar 31, 2024

Biglari Holdings Q1 2024 Earnings Report

Biglari Holdings reported a net income of $22.58 million for Q1 2024.

Key Takeaways

Biglari Holdings Inc. reported its Q1 2024 results, with a net income attributable to Biglari Holdings shareholders of $22.58 million, compared to $64.89 million in the same quarter of the previous year. The company's pre-tax operating earnings were $5.70 million, down from $9.05 million in Q1 2023. Investment gains were $23.70 million, a decrease from $76.23 million year-over-year.

Net earnings attributable to Biglari Holdings shareholders was $22.58 million.

Pre-tax operating earnings totaled $5.70 million.

Investment gains reached $23.70 million.

The company advises shareholders to review their 10-Q filing for a comprehensive understanding of the results.

Total Revenue
$89.5M
Previous year: $90.2M
-0.8%
EPS
$79.6
Previous year: $222
-64.2%
Gross Profit
$24.9M
Cash and Equivalents
$132M
Free Cash Flow
$14.5M
Total Assets
$885M

Biglari Holdings

Biglari Holdings

Forward Guidance

Forward-looking statements involve risks and uncertainties, and actual results may differ materially from expectations. Biglari Holdings does not update forward-looking statements.