Icahn Enterprises (IEP) Projected to Post Quarterly Earnings on Wednesday

Icahn Enterprises (NASDAQ:IEP - Get Free Report) is anticipated to post its Q1 2025 quarterly 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 issued its earnings results on Wednesday, February 26th. The conglomerate reported ($0.19) earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by ($0.36). The business had revenue of $2.37 billion during 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 Trading Down 0.6 %

Shares of Icahn Enterprises stock traded down $0.05 on Monday, reaching $8.88. 304,643 shares of the company's stock were exchanged, compared to its average volume of 953,148. The firm's 50-day moving average is $9.00 and its two-hundred day moving average is $10.13. The company has a market capitalization of $4.64 billion, a P/E ratio of -8.15 and a beta of 0.77. The company has a debt-to-equity ratio of 1.34, a quick ratio of 4.61 and a current ratio of 4.61. Icahn Enterprises has a 52 week low of $7.27 and a 52 week high of $19.10.

Icahn Enterprises Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 16th. Investors of record on Monday, March 10th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 22.52%. The ex-dividend date was Monday, March 10th. Icahn Enterprises's dividend payout ratio is presently -210.53%.

Analyst Upgrades and Downgrades

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

About Icahn Enterprises

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.