NYSE$BH
Biglari Holdings Inc-B · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Biglari Holdings reported net earnings attributable to shareholders of $44.64 million and pre-tax operating earnings of $3.81 million for Q4 2023.
Biglari Holdings Inc. reported a net earnings attributable to Biglari Holdings shareholders of $44.64 million for the fourth quarter of 2023, compared to $10.06 million for the same period in 2022. Pre-tax operating earnings for the quarter were $3.81 million, down from $5.21 million in the previous year. The company's annual report for 2023 has been posted on its website.
- Net earnings attributable to Biglari Holdings shareholders reached $44.64 million in Q4 2023.
- Pre-tax operating earnings totaled $3.81 million for the quarter.
- Investment gains contributed significantly to the reported earnings with $46.88 million.
- The 2023 annual report is available on the company's website.
Headline financials
Revenue & EPS history
Biglari Holdings · Revenue · Quarterly
$90.7M
Forward guidance
Risks Associated with Forward-Looking Statements This news release may include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ markedly from those projected or discussed here. Biglari Holdings cautions readers not to place undue reliance upon any such forward-looking statements, for actual results may differ materially from expectations. Biglari Holdings does not update publicly or revise any forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. Further information on the types of factors that could affect Biglari Holdings and its business can be found in the Company’s filings with the SEC.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2023
+0.8%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+3.1%
Avg return
30 days after
54%
33 / 61 earnings
Positive
+23.7%
Q4 2021
Best reaction
-14.0%
Q1 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.6% | -15.8% | -2.3% | |
| Q4 2025 | +0.8% | -21.5% | -14.2% | |
| Q3 2025 | -8.6% | -10.8% | -12.0% | |
| Q1 2025 | +0.1% | +1.9% | +13.0% | |
| Q4 2024 | +0.8% | +2.6% | +11.5% | |
| Q3 2024 | -3.0% | +13.4% | +27.7% | |
| Q2 2024 | -8.4% | -7.9% | -10.4% | |
| Q1 2024 | -3.2% | +2.1% | -6.6% | |
| Q4 2023 | +7.0% | +5.9% | +22.8% | |
| Q3 2023 | -2.5% | -4.4% | -2.7% | |
| Q2 2023 | -4.1% | -3.6% | -8.4% | |
| Q1 2023 | +1.0% | -0.5% | +15.6% | |
| Q4 2022 | +4.6% | +3.7% | -5.6% | |
| Q3 2022 | +2.0% | +0.8% | +4.2% | |
| Q2 2022 | +5.3% | +4.7% | +0.9% | |
| Q1 2022 | +1.1% | -3.2% | -5.0% | |
| Q4 2021 | +23.7% | +39.9% | +25.4% | |
| Q3 2021 | -1.8% | -3.4% | -14.5% | |
| Q2 2021 | -0.6% | +5.9% | +3.7% | |
| Q1 2021 | +11.8% | +6.1% | +18.8% | |
| Q4 2020 | +16.3% | +31.6% | +13.3% | |
| Q3 2020 | +15.8% | +10.3% | +41.8% | |
| Q2 2020 | +16.9% | +20.3% | +34.2% | |
| Q1 2020 | -5.3% | -14.5% | +43.3% | |
| Q4 2019 | +2.6% | -6.1% | -62.0% | |
| Q3 2019 | +11.4% | +20.0% | +35.1% | |
| Q2 2019 | +3.3% | +12.8% | +1.0% | |
| Q1 2019 | -14.0% | -14.3% | -32.9% | |
| Q4 2018 | -0.2% | -6.2% | -3.7% | |
| Q3 2018 | +0.3% | -1.0% | -3.8% | |
| Q2 2018 | -2.3% | +0.3% | +6.5% | |
| Q1 2018 | -2.6% | +3.3% | +5.2% | |
| Q4 2017 | +0.4% | -1.5% | -3.3% | |
| Q3 2017 | -6.8% | -7.9% | -7.0% | |
| Q2 2017 | -8.9% | -14.5% | -17.4% | |
| Q1 2017 | -3.5% | -5.4% | -9.8% | |
| Q4 2016 | +1.1% | -2.9% | -5.5% | |
| Q3 2016 | +1.6% | +8.0% | +10.7% | |
| Q2 2016 | +1.3% | +5.4% | +11.6% | |
| Q1 2016 | -0.9% | — | — | |
| Q4 2015 | +0.2% | — | — | |
| Q3 2015 | -1.3% | — | — | |
| Q2 2015 | -1.0% | — | — | |
| Q1 2015 | +0.1% | — | — | |
| Q3 2014 | -2.4% | — | — | |
| Q2 2014 | +0.6% | — | — | |
| Q1 2014 | -3.5% | — | — | |
| Q3 2013 | -0.9% | — | — | |
| Q1 2013 | +1.1% | — | — | |
| Q4 2012 | +3.5% | — | — | |
| Q3 2012 | +2.0% | — | — | |
| Q2 2012 | +0.7% | — | — | |
| Q1 2012 | +3.7% | — | — | |
| Q4 2011 | +1.8% | — | — | |
| Q3 2011 | -6.4% | — | — | |
| Q2 2011 | +1.8% | — | — | |
| Q1 2011 | -0.1% | — | — | |
| Q4 2010 | -1.3% | — | — | |
| Q3 2010 | -0.4% | — | — | |
| Q2 2010 | -5.9% | — | — | |
| Q1 2010 | -0.2% | — | — |
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