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Stock impact report

Biglari Holdings Inc. News Release

Biglari Holdings Inc. Class B (BH) 
US:NYSE Investor Relations: biglariholdings.com/reports.htm
Company Research Source: PR Newswire
San Antonio, TX, May 3, 2019 /PRNewswire/ -- Biglari Holdings Inc. (NYSE: BH.A; BH) announces its results for the first quarter of 2019.Biglari Holdings Inc.'s earnings for the first quarter 2019 and 2018 are summarized below.  To become fully apprised of our results, shareholders should carefully study our 10-Q, which has been posted at www.biglariholdings.com.(dollars in thousands)First Quarter20192018Pre-tax operating earnings (loss)$           (19,534)$          (3,352)Investment partnership gains34,1543,495Interest expense(3,058)(2,754)Income tax (expense) benefit(1,744)797Net earnings (loss)$              9,818$          (1,814)March 31, 2019March 31, 2018Class A equivalent shares outstanding620,592620,592Analysis of Results:Investments held through investment partnerships affect our reported quarterly earnings based on their carrying value.  We do not regard Show less Read more
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