Icahn Enterprises (IEP) to Release Quarterly Earnings on Wednesday

Icahn Enterprises (NASDAQ:IEP - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Wednesday, May 7th. Analysts expect Icahn Enterprises to post earnings of $0.19 per share and revenue of $2.63 billion for the quarter.

Icahn Enterprises (NASDAQ:IEP - Get Free Report) last announced its earnings results on Wednesday, February 26th. The conglomerate reported ($0.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by ($0.36). The company had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.27 billion. Icahn Enterprises had a negative return on equity of 8.82% and a negative net margin of 4.79%. On average, analysts expect Icahn Enterprises to post $-1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Icahn Enterprises Stock Performance

NASDAQ IEP traded up $0.12 during midday trading on Friday, hitting $8.93. The company had a trading volume of 400,110 shares, compared to its average volume of 953,296. The firm has a fifty day simple moving average of $9.00 and a two-hundred day simple moving average of $10.19. Icahn Enterprises has a fifty-two week low of $7.27 and a fifty-two week high of $19.10. The company has a quick ratio of 4.61, a current ratio of 4.61 and a debt-to-equity ratio of 1.34. The stock has a market cap of $4.67 billion, a price-to-earnings ratio of -8.19 and a beta of 0.77.

Icahn Enterprises Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 16th. Investors of record on Monday, March 10th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 22.40%. The ex-dividend date of this dividend was Monday, March 10th. Icahn Enterprises's dividend payout ratio (DPR) is presently -210.53%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Icahn Enterprises from a "sell" rating to a "hold" rating in a research note on Wednesday, March 26th.

Icahn Enterprises Company Profile

Icahn Enterprises L.P., through its subsidiaries, engages in the investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. The Investment segment invests its proprietary capital through various private investment funds. This segment provides investment advisory and other related services.