Biglari (NYSE:BH.A) Announces Quarterly Earnings Results

Key Points

• Biglari reported a quarterly loss, posting earnings per share of ($55.81) for the period, according to Zacks.
• The stock rose on the news, trading up 0.8% to $1,605.55 on Friday, with volume above its average daily level.
• Biglari remains a diversified holding company focused on value-oriented acquisitions and portfolio management, with operations that include restaurant chains and other investments.

Biglari (NYSE:BH.A - Get Free Report) released its earnings results on Friday. The company reported ($55.81) earnings per share (EPS) for the quarter, Zacks reports.

Biglari Trading Up 0.8%

Biglari stock traded up $13.19 during midday trading on Friday, reaching $1,605.55. The company's stock had a trading volume of 27,090 shares, compared to its average volume of 16,289. Biglari has a 52 week low of $1,151.21 and a 52 week high of $2,513.00. The business has a 50-day moving average price of $1,706.99 and a 200-day moving average price of $1,802.21. The stock has a market cap of $3.68 billion, a PE ratio of -11.20 and a beta of 0.63.

About Biglari

Biglari Holdings, Inc NYSE: BH.A is a publicly traded diversified holding company headquartered in San Antonio, Texas. Originally founded in 2008 as United States Steak Company, the firm rebranded to Biglari Holdings in 2013 to reflect its expanding investment focus. Under the leadership of founder, Chairman and CEO Sardar Biglari, the company pursues value-oriented acquisitions and portfolio management across multiple industries.

In the restaurant sector, Biglari Holdings operates two established casual-dining chains.

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