Sep 30, 2022

Biglari Holdings Q3 2022 Earnings Report

Biglari Holdings' earnings decreased in Q3 2022 due to investment losses, despite pre-tax operating earnings attributable to Biglari Holdings shareholders increasing.

Key Takeaways

Biglari Holdings reported net earnings attributable to Biglari Holdings shareholders of $32.005 million for the third quarter of 2022, compared to a net loss of $10.669 million for the same period in 2021. Pre-tax operating earnings attributable to Biglari Holdings shareholders increased to $12.794 million from $754 thousand.

Net earnings attributable to Biglari Holdings shareholders were $32.005 million in Q3 2022, compared to a loss of $10.669 million in Q3 2021.

Pre-tax operating earnings attributable to Biglari Holdings shareholders increased to $12.794 million in Q3 2022 from $754 thousand in Q3 2021.

Investment gains were $28.809 million in Q3 2022, compared to losses of $15.697 million in Q3 2021.

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

Total Revenue
$92M
Previous year: $82.1M
+12.1%
EPS
$109
Previous year: -$33.7
-423.4%

Biglari Holdings

Biglari Holdings