Jun 30, 2020

Biglari Holdings Q2 2020 Earnings Report

Reported results for the second quarter of 2020.

Key Takeaways

Biglari Holdings Inc. announced its results for the second quarter of 2020. The company advises shareholders to carefully study their 10-Q for a full understanding of the results.

Earnings are affected by investment carrying value.

Quarterly or annual investment fluctuations are not considered meaningful.

Operating businesses should be analyzed before investment gains.

The company owns subsidiaries in insurance, media, restaurants, and oil and gas.

Total Revenue
$96.5M
Previous year: $168M
-42.7%
EPS
$122
Previous year: $63.5
+91.4%
Gross Profit
$32.7M
Previous year: $30.5M
+7.4%
Cash and Equivalents
$36.4M
Previous year: $27.7M
+31.7%
Free Cash Flow
$44.6M
Previous year: -$932K
-4889.8%
Total Assets
$989M
Previous year: $1.15B
-14.4%

Biglari Holdings

Biglari Holdings

Forward Guidance

This news release contains forward-looking statements based on current expectations and subject to risks and uncertainties.