Biglari Holdings Q1 net earnings $64.9M vs $0.3M loss a year ago; operating earnings up 52%

Biglari Holdings Inc.

Pre-tax operating earnings of $9.0M in Q1 2023, up from $6.0M in Q1 2022.
Net earnings attributable to shareholders of $64.9M, compared to a $0.3M loss in the prior year quarter.
Investment gains of $76.2M in Q1 2023 versus a $6.4M loss in Q1 2022; company advises these fluctuations are not meaningful for operating analysis.
Biglari Holdings released its 10-Q and urges shareholders to review it for full details.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Biglari Holdings Inc. reported the first quarter of 2023 results: net income Net earnings (loss) attributable to Biglari Holdings shareholders $ 64,886.

Period: the first quarter of 2023
Net income: Net earnings (loss) attributable to Biglari Holdings shareholders $ 64,886
Result: reported results

Exact text from the filing

Biglari Holdings Inc. announces its results for the first quarter of 2023. Biglari Holdings Inc.’s earnings for the first quarter of 2023 and 2022 are summarized below.

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Biglari Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001726173-23-000031

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