Biglari Holdings reports Q4 net income of $10M; full-year net loss of $32M on investment losses

Biglari Holdings Inc.

2022-FY EPS reported -$107.43 revenue$368,231,000

Q4 2022 pre-tax operating earnings $5.2M vs $6.9M in Q4 2021.
Full-year 2022 pre-tax operating earnings $36.3M vs $24.9M in 2021.
Full-year net loss attributable to shareholders $32.0M vs profit $35.5M in 2021.
Investment losses of $79.3M in 2022 vs gains of $17.4M in 2021.
Annual report posted at www.biglariholdings.com with Sardar Biglari's letter.

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