Icahn Enterprises (IEP) to Release Quarterly Earnings on Friday

Icahn Enterprises (NASDAQ:IEP - Get Free Report) will be posting its quarterly earnings results before the market opens on Friday, November 8th. Analysts expect Icahn Enterprises to post earnings of $0.21 per share for the quarter. Individual that wish to register for 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, August 7th. The conglomerate reported ($0.72) earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts' expectations of $2.24 billion. During the same period last year, the business earned ($0.72) EPS. 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 Down 0.3 %

Shares of IEP stock traded down $0.04 during trading hours on Friday, hitting $12.52. The company had a trading volume of 678,540 shares, compared to its average volume of 874,695. Icahn Enterprises has a fifty-two week low of $9.72 and a fifty-two week high of $22.59. The company has a debt-to-equity ratio of 1.23, a current ratio of 4.85 and a quick ratio of 4.85. The company's fifty day moving average is $13.37 and its 200 day moving average is $15.64. The stock has a market capitalization of $5.95 billion, a PE ratio of -10.89 and a beta of 0.77.

Icahn Enterprises Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Monday, August 19th were given a dividend of $1.00 per share. The ex-dividend date was Monday, August 19th. This represents a $4.00 annualized dividend and a dividend yield of 31.95%. Icahn Enterprises's dividend payout ratio is currently -347.82%.

Icahn Enterprises Company Profile

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.