Earnings: Biglari hurt by investments; BioAffinity gains momentum

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Earnings roundup: Biglari Holdings dragged down by investments losses, while BioAffinity Technologies’ flagship product gains momentum.

Welcome back to Earnings Roundup, SA Inc’s weekly summary of the latest financial reports from companies of local interest. Look for it online Monday during quarterly and annual earnings reporting periods. This week’s roundup of recent quarterly financial reports includes San Antonio-based Biglari Holdings Inc., BioAffinity Technologies Inc. and Usio Inc., as well as Home Depot Inc., Walmart Inc., Caterpillar Inc. and CVS Health Corp.

3 billion to Home Depot’s sales for the quarter. Net income: $4.56 billion vs. $4.66 billion Revenue: $43.18 billion vs. $42.92 billion Quotable: “The underlying long-term fundamentals supporting home improvement demand are strong.” — CEO Ted Decker Sunoco reports gains post-acquiring NuStar DALLAS — Sunoco LP, the fuel distribution company that acquired San Antonio-based NuStar Energy LP in May, grew second-quarter revenue by 7.5% year over year.

 

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