Biglari Holdings Q3 operating earnings drop 84% to $3.3M; net earnings swing to positive

Biglari Holdings Inc.

Pre-tax operating earnings of $3.27M in Q3 2024 vs $20.30M in Q3 2023, down 84%.
Net earnings attributable to shareholders of $32.1M in Q3 2024 vs loss of $56.5M in Q3 2023.
Nine-month pre-tax operating earnings of $28.7M vs $39.4M in prior-year period.
Investment gains of $40.1M in Q3 2024 reversed prior-year losses of $94.3M.
Company advises investors to review full 10-Q for complete results.

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