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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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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