Icahn Enterprises (IEP) to Release Quarterly Earnings on Friday

Icahn Enterprises (NASDAQ:IEP) is scheduled to 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 are interested in registering for the company’s earnings conference call can do so using this link.

Icahn Enterprises (NASDAQ:IEP) last released its quarterly 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). The company had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Icahn Enterprises had a negative net margin of 4.97% and a negative return on equity of 8.62%. During the same quarter in the previous year, the company posted ($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 Stock Up 6.2 %

NASDAQ IEP opened at $13.20 on Thursday. The company has a quick ratio of 4.85, a current ratio of 4.85 and a debt-to-equity ratio of 1.23. Icahn Enterprises has a 52 week low of $9.72 and a 52 week high of $22.59. The firm has a market capitalization of $6.28 billion, a price-to-earnings ratio of -11.48 and a beta of 0.78. The company has a fifty day moving average of $13.23 and a two-hundred day moving average of $15.51.

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.