Billionaire activist Carl Icahn's investment firm Icahn Enterprises beats Q2 revenue estimates

Icahn Enterprises LP

04/08/2025 13:10

Overview

Icahn Enterprises Q2 rev rises to $2.4 bln, beating analyst expectations

Net loss for Q2 is $165 mln, missing analyst estimates

Adjusted EBITDA loss narrows to $43 mln from $155 mln last year

Outlook

Icahn Enterprises does not provide specific future guidance in the release

Result Drivers

NET ASSET VALUE INCREASE - Indicative net asset value rose by $252 mln compared to March 31, 2025

REVENUE GROWTH - Revenue increased to $2.4 bln, exceeding analyst expectations of $2.03 bln

REDUCED EBITDA LOSS - Adjusted EBITDA loss narrowed to $43 mln from $155 mln in Q2 2024

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$2.40 bln
$2.03 bln (1 Analyst)
Q2 Net Income
Miss
-$165 mln
$74 mln (1 Analyst)
Q2 Dividend
$0.5
Q2 Net Asset Value
$3.30 bln


Press Release: ID:nPnbdrYSha

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)