Biglari Holdings (BH-A) Earnings Forecast
Analysts expect Biglari Holdings (BH-A) to lose $11.76 a share in FY26, from the one published estimate as of Oct 27, 2026.
- FY26 consensus EPS
- $−11.76
- 1 analyst
- FY27 consensus EPS
- $−9.56
- 1 analyst · low $−9.56, high $−9.56
- EPS revisions, 30 days
- 0.0%
- $−11.76 to $−11.76
Consensus estimates only. Analysts' price forecasts and ratings are not licensed here.
One analyst covers this company. Every figure on this page is that one person's estimate rather than an average of several, and it moves on one change of mind.
Analysts expect Biglari Holdings to lose $7.45 a share in FY29; 1 analyst publishes an estimate for FY29.
Are estimates going up or down lately?
The FY26 EPS consensus is $−11.76, a loss that narrowed 0.0% in 90 days. Every figure compares one fiscal period at both ends.
EPS consensus, change over the last 90 days. One step per nightly change.
| EPS | 30 days | 90 daysshown above | Since Jul 10 |
|---|---|---|---|
| FY261 analyst | ◆ 0.0%$−11.76 to $−11.76 | ◆ 0.0%$−11.76 to $−11.76 | ◆ 0.0%$−11.76 to $−11.76 |
| FY271 analyst | ◆ 0.0%$−9.56 to $−9.56 | ◆ 0.0%$−9.56 to $−9.56 | ◆ 0.0%$−9.56 to $−9.56 |
Contributors at both ends of the window: FY26 1 and 1. A change in the average can come from a new contributor as much as from a changed mind, so both counts stay in view.
Measured between two of our own nightly snapshots of one fiscal period, so a new fiscal year entering the view is never read as a revision. Never backfilled. A window still filling says how many days it holds; a blank one means our record is not that long yet.
If the Street is right, what does that imply for the share price?
EPS is a loss in the years the Street forecasts, and a multiple of a loss is not a price. So the sum switches to EBITDA, from FY26 on, which is the first year the consensus EBITDA is above zero, and waits for your multiple.
One analyst covers this year, so the estimate is a single number and there is no low to high band to draw around the answer.
Each point on the line is a multiple, and the flag is the price it implies for FY27. Past multiples are context, not a guide to future ones.
This is multiplication, not a forecast. It assumes the market pays the multiple you chose and that the consensus is right. Both are often wrong.
What you pay for the growth
Growth over a negative base is not meaningful. Consensus EPS is a loss in FY26, so there is neither a multiple of those earnings to pay nor a rate to grow from.Show the multiple against its own recordHide the multiple record
How much do analysts disagree?
One analyst publishes on each year, so there is no range to draw: the low, the high and the average are one number, and a single mark stands for each year.
The dashed line is FY25 filed $−143.86, on the GAAP basis.
A wide spread is disagreement, not risk; a narrow one is agreement, not accuracy. Later years are always wider because fewer people forecast them. Bars in amber rest on fewer than 15 analysts. The tick on each bar is the average. Spreads are shown in currency rather than as percentages, because a percentage of a number near zero overstates it.
Is next quarter a high bar or an easy one?
No one publishes quarterly estimates on Biglari Holdings. The nearest figure we hold is the full year: analysts expect FY26 a loss of $11.76 a share, from 1 analyst.
The fiscal-year consensus, which is what we hold instead.
| Annual view | Consensus | Low to high |
|---|---|---|
| FY26E1 analyst | $−11.76 | no range published |
| FY27E1 analyst | $−9.56 | no range published |
The annual view stands in until a quarterly estimate is published.
Does Biglari Holdings usually beat or miss?
No quarter of Biglari Holdings can be checked against an estimate, because no one publishes a quarterly estimate on it.
No quarter can be checked without a quarterly estimate. The record starts the night one is published and grows by one quarter every report after that.
Checked against the company's reported figure (GAAP) and the average estimate we recorded the night before its results release. Where analysts' number is on an adjusted basis, we leave the comparison out rather than force it.
Where the growth comes from
The one analyst covering it expects sales to grow −1.8% in FY27. Consensus EPS is a loss at both ends of that step, so there is no EPS growth rate to take apart.
Coverage, and the gap to the filing
1 analyst publishes an EPS estimate for FY26 and 1 publishes revenue. Consensus figures are on the Street's basis and filed figures are GAAP; we label the gap, we do not explain it away.Show coverage by year and over timeHide the coverage chart
The full consensus, year by year
Coverage thins with distance: 1 revenue estimates for FY26, 1 for FY29.
Out-year bands widen as fewer analysts publish: 1 EPS estimates for FY26, 1 for FY29.
| Fiscal year | Revenue $B | YoY | EPS $ | YoY | EBITDA $B | Net inc. $B | Shares B | Analysts rev · EPS | Fwd P/E |
|---|---|---|---|---|---|---|---|---|---|
| FY25Filed | 0.4 | — | −143.86 | — | — | — | — | as filed | — |
| FY26E | 0.80.8 to 0.8 | ▲112.3%a | −11.76−11.76 to −11.76 | n/ca | 0.0 | −0.0 | 0.00 | 1 · 1 | n/m |
| FY27E | 0.80.8 to 0.8 | ▼1.8% | −9.56−9.56 to −9.56 | — | 0.0 | −0.0 | 0.00 | 1 · 1 | n/m |
| FY28E | 0.80.8 to 0.8 | ▲0.8% | −12.31−12.31 to −12.31 | — | 0.0 | −0.0 | 0.00 | 1 · 1 | n/m |
| FY29E | 0.90.9 to 0.9 | ▲2.9% | −7.45−7.45 to −7.45 | — | 0.0 | −0.0 | 0.00 | 1 · 1 | n/m |
Average estimate with low to high beneath. Amber counts mark thin coverage and thin rows carry an amber rule. Shares = consensus net income ÷ consensus EPS, a direction rather than a decimal. The filed row's last column is today's price over the last four reported quarters, the one trailing multiple in that column. a This step crosses the seam: last year is a filed GAAP actual and this year is a consensus estimate, so the two are not prepared on one basis. b More than a third of the analyst panel changed between these two years, so the difference of the two averages measures the panel rather than the forecast.
Analysts' price forecasts and grades are not licensed here. This page shows forward consensus estimates only: 1 EPS estimates for FY26. Not investment advice.
Common questions
What do analysts expect Biglari Holdings to earn in FY26?
The one analyst covering Biglari Holdings expects it to lose $11.76 a share in FY26, as of Oct 27, 2026.