Biglari Holdings Q4 2023 Earnings Report
Key Takeaways
Biglari Holdings Inc. reported a net earnings attributable to Biglari Holdings shareholders of $44.64 million for the fourth quarter of 2023, compared to $10.06 million for the same period in 2022. Pre-tax operating earnings for the quarter were $3.81 million, down from $5.21 million in the previous year. The company's annual report for 2023 has been posted on its website.
Net earnings attributable to Biglari Holdings shareholders reached $44.64 million in Q4 2023.
Pre-tax operating earnings totaled $3.81 million for the quarter.
Investment gains contributed significantly to the reported earnings with $46.88 million.
The 2023 annual report is available on the company's website.
Biglari Holdings
Biglari Holdings
Forward Guidance
Risks Associated with Forward-Looking Statements This news release may include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ markedly from those projected or discussed here. Biglari Holdings cautions readers not to place undue reliance upon any such forward-looking statements, for actual results may differ materially from expectations. Biglari Holdings does not update publicly or revise any forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. Further information on the types of factors that could affect Biglari Holdings and its business can be found in the Company’s filings with the SEC.