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Sep 30, 2020
Biglari Holdings Q3 2020 Earnings Report
Reported earnings for Q3 and first nine months of 2020.
Key Takeaways
Biglari Holdings Inc. announced its Q3 2020 results, highlighting that investment fluctuations should not be considered meaningful for analysis.
Earnings are affected by investment carrying value.
Quarterly or annual investment fluctuations are not considered meaningful.
Operating businesses are best analyzed before investment gains impact.
Biglari Holdings owns subsidiaries in insurance, media, restaurants, and oil and gas.
Biglari Holdings
Biglari Holdings
Forward Guidance
Forward-looking statements are subject to risks and uncertainties, and actual results may differ materially from expectations. The company does not update forward-looking statements.