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Biglari: 3Q Earnings Snapshot

·1 min read

SAN ANTONIO (AP) _ Biglari Holdings Inc. (BH) on Friday reported third-quarter net income of $21.1 million, after reporting a loss in the same period a year earlier.

The San Antonio-based company said it had net income of $60.07 per share.

The investment firm that owns or has holdings in Steak 'n Shake and Cracker Barrel restaurants, as well as Maxim magazine posted revenue of $101.8 million in the period.

Biglari shares have dropped 79% since the beginning of the year. In the final minutes of trading on Friday, shares hit $85.90, a decline of 80% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BH at https://www.zacks.com/ap/BH