secwatch.observer — SEC 8-K summary
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Issuer:     Biglari Holdings Inc. (BH-A)
CIK:        0001726173
Form:       8-K
Filed at:   2021-11-05T23:59:59+00:00
Accession:  0001726173-21-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Biglari Holdings posts Q3 2021 pre-tax operating profit of $754K, net loss of $10.7M on investment losses
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- Pre-tax operating earnings improved to $754K in Q3 2021 from ($854K) loss a year ago.
- Net loss of $10.7M for Q3 due to $15.7M investment losses; nine-month net earnings $40.3M.
- First nine months pre-tax operating earnings $18.0M vs ($10.4M) loss in same period of 2020.
- Operating results are presented separately from investment gains, which company deems not meaningful for quarterly analysis.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1726173/000172617321000034/0001726173-21-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1726173/000172617321000034/bh-20211105.htm
  HTML page:      https://secwatch.observer/filing/0001726173-21-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer