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IEP Icahn Enterprises LP News Story

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Icahn Enterprises LP reports results for the quarter ended March 31 - Earnings Summary

Icahn Enterprises LP IEP.OQ reported a quarterly adjusted loss of 79 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -9 cents.  The lone analyst forecast for the quarter was for earnings of 19 cents per share.

Revenue fell 10.8% to $2.00 billion from a year ago; analysts expected $2.63 billion.

Icahn Enterprises LP's reported EPS for the quarter was a loss of 79 cents​.

The company reported a quarterly loss of $414 million.

Icahn Enterprises LP shares had fallen by 3.8% this quarter and gained 0.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 9.3% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas refining and marketing peer group is also "strong buy"

Wall Street's median 12-month price target for Icahn Enterprises LP is $15.00

This summary was machine generated from LSEG data May 7 at 02:22 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.19-0.79Missed
Dec. 31 20240.18-0.19Missed
Sep. 30 20240.210.05Missed
Jun. 30 20240.19-0.72Missed

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