Biglari Holdings Q1 net earnings fall to $22.6M from $64.9M YoY; operating earnings drop to $5.7M

Biglari Holdings Inc.

Pre-tax operating earnings of $5.7M, down from $9.0M in Q1 2023.
Investment gains of $23.7M, compared to $76.2M in prior-year quarter.
Net earnings attributable to shareholders of $22.6M, a 65% decline YoY.
Income taxes and noncontrolling interest totaled $6.8M.
Company advises shareholders to review 10-Q for full details.

item 2.02 item 9.01

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 2024 results: net income $ 22,579.

Period: the first quarter of 2024
Net income: $ 22,579
Result: reported results

Exact text from the filing

On May 10, 2024 , Biglari Holdings Inc. (the "Company") issued a press release announcing its financial results for its first quarter, which ended March 31, 2024.

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Biglari Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001726173-24-000028

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