Icahn Enterprises (IEP) to Release Quarterly Earnings on Friday

Icahn Enterprises (NASDAQ:IEP) is scheduled to announce its earnings results before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of $0.21 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Icahn Enterprises (NASDAQ:IEP) last announced its earnings results on Wednesday, August 7th. The conglomerate reported ($0.72) earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.91). Icahn Enterprises had a negative return on equity of 8.62% and a negative net margin of 4.97%. The company had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the prior year, the firm posted ($0.72) earnings per share. On average, analysts expect Icahn Enterprises to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Icahn Enterprises Trading Up 2.4 %

Shares of NASDAQ IEP opened at $12.43 on Wednesday. Icahn Enterprises has a 1-year low of $9.72 and a 1-year high of $22.59. The company has a market cap of $5.91 billion, a PE ratio of -10.81 and a beta of 0.78. The company has a current ratio of 4.85, a quick ratio of 4.85 and a debt-to-equity ratio of 1.23. The company has a 50-day moving average of $13.23 and a two-hundred day moving average of $15.53.

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.