Icahn Enterprises (NASDAQ:IEP – Get Free Report) is scheduled to be issuing 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. Investors interested in listening to 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 the consensus estimate of $0.25 by ($0.34). The firm had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.79 billion. Icahn Enterprises had a negative net margin of 4.30% and a negative return on equity of 7.04%. 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
Shares of NASDAQ:IEP opened at $17.46 on Wednesday. The business has a 50-day moving average price of $16.67 and a two-hundred day moving average price of $17.56. Icahn Enterprises has a 1-year low of $15.00 and a 1-year high of $34.67. The stock has a market capitalization of $7.88 billion, a P/E ratio of -15.18 and a beta of 0.80. The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 1.17.
Icahn Enterprises Dividend Announcement
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of Icahn Enterprises from a “buy” rating to a “hold” rating in a report on Thursday, May 9th.
Read Our Latest Analysis 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.
Further Reading
- Five stocks we like better than Icahn Enterprises
- Ride Out The Recession With These Dividend KingsĀ
- 5 Aggressive Growth Stocks for Long-Term Investors
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Invest Like Congress: 2 ETFs to Add to Your Watchlist
- What Are Trending Stocks? Trending Stocks Explained
- 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.