Icahn Enterprises (NASDAQ:IEP – Get Free Report) will issue its quarterly earnings data before the market opens on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.19 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Icahn Enterprises (NASDAQ:IEP – Get Free Report) last announced its earnings results on Wednesday, May 8th. The conglomerate reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.34). Icahn Enterprises had a negative net margin of 4.30% and a negative return on equity of 7.04%. The business had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.79 billion. 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 Up 0.9 %
NASDAQ:IEP opened at $17.46 on Wednesday. Icahn Enterprises has a 1 year low of $15.00 and a 1 year high of $34.67. The business has a fifty day moving average of $16.67 and a 200-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 Announces Dividend
Analysts Set New Price Targets
Separately, StockNews.com downgraded Icahn Enterprises from a “buy” rating to a “hold” rating in a research report on Thursday, May 9th.
View Our Latest Research 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.
See Also
- Five stocks we like better than Icahn Enterprises
- What is the S&P 500 and How It is Distinct from Other Indexes
- 5 Aggressive Growth Stocks for Long-Term Investors
- Retail Stocks Investing, Explained
- Invest Like Congress: 2 ETFs to Add to Your Watchlist
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- AI Boom or Bubble? Strategies for Success in a Volatile Sector
Receive News & Ratings for Icahn Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Icahn Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.