Biglari Holdings Inc.

Q3 2025 earnings expected

Quarter

Jul – Sep

Expected

November 14, 2025(ET)

One-time charge this quarter

GAAP is in the red, but excluding a one-time charge of about $78M, Adjusted EPS is $23.46 — core operations remain healthy.

One-time charges include impairment, litigation, and tax events. The score auto-adjusts for these GAAP losses.

Revenue

This quarter$100M

Analyst estimate$206M▼ -51.7%

Year ago (Sep '24)$90M▲ +10.3%

This quarter$23.46

Analyst estimate-$4.15

Year ago (Sep '24)$114.77▼ -79.6%

Verifying this figure against consensus

+3%YoY

Last 7 quarters