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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.
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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