Icahn Enterprises (NASDAQ:IEP – Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, August 7th. Analysts expect Icahn Enterprises to post earnings of $0.19 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.
Icahn Enterprises (NASDAQ:IEP – Get Free Report) last issued its quarterly earnings results on Wednesday, May 8th. The conglomerate reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.34). The company had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.79 billion. Icahn Enterprises had a negative return on equity of 7.04% and a negative net margin of 4.30%. 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 Price Performance
Shares of IEP stock opened at $17.46 on Wednesday. The firm has a market cap of $7.88 billion, a P/E ratio of -15.18 and a beta of 0.80. The firm has a fifty day moving average of $16.67 and a two-hundred day moving average of $17.56. The company has a debt-to-equity ratio of 1.17, a current ratio of 4.62 and a quick ratio of 4.62. Icahn Enterprises has a 1-year low of $15.00 and a 1-year high of $34.67.
Icahn Enterprises Announces Dividend
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded shares of Icahn Enterprises from a “buy” rating to a “hold” rating in a research report on Thursday, May 9th.
Get Our Latest Stock Report on Icahn Enterprises
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.
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