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Icahn Enterprises (IEP) Expected to Announce Quarterly Earnings on Wednesday

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Icahn Enterprises (NASDAQ:IEP - Get Free Report) is expected to be posting its Q4 2024 quarterly earnings results before the market opens on Wednesday, February 26th. Analysts expect Icahn Enterprises to post earnings of $0.17 per share and revenue of $2.27 billion for the quarter. Investors interested in registering for the company's conference call can do so using this link.

Icahn Enterprises (NASDAQ:IEP - Get Free Report) last posted its quarterly 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). Icahn Enterprises had a negative return on equity of 8.82% and a negative net margin of 4.79%. The business had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.27 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 0.4 %

NASDAQ:IEP traded up $0.04 during trading hours on Thursday, hitting $10.07. The stock had a trading volume of 467,422 shares, compared to its average volume of 774,314. Icahn Enterprises has a one year low of $8.53 and a one year high of $20.25. The company has a debt-to-equity ratio of 1.34, a quick ratio of 4.61 and a current ratio of 4.61. The company has a market cap of $5.08 billion, a price-to-earnings ratio of -9.24 and a beta of 0.81. The business's 50 day moving average is $9.56 and its 200-day moving average is $11.74.

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Icahn Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 16th. Investors of record on Monday, March 10th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 19.86%. The ex-dividend date is Monday, March 10th. Icahn Enterprises's payout ratio is -183.49%.

About Icahn Enterprises

(Get Free Report)

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

Earnings History for Icahn Enterprises (NASDAQ:IEP)

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