Sep 30, 2021

Biglari Holdings Q3 2021 Earnings Report

Reported a net loss due to investment losses, while pre-tax operating earnings showed a profit.

Key Takeaways

Biglari Holdings reported a net loss for the third quarter of 2021, primarily due to investment losses. However, the company's pre-tax operating earnings remained positive.

Net loss was $(10,669) thousand.

Pre-tax operating earnings were $754 thousand.

Investment losses were $(15,697) thousand.

The company focuses on pre-tax operating earnings to analyze business performance.

Total Revenue
$82.1M
Previous year: $102M
-19.4%
EPS
-$33.7
Previous year: $60.1
-156.2%

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.