Icahn Enterprises (NASDAQ:IEP) reported its Q1 earnings results on Wednesday, May 10, 2023 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Icahn Enterprises missed estimated earnings by 494.74%, reporting an EPS of $-0.75 versus an estimate of $0.19.
Revenue was down $210.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.89 which was followed by a 0.33% increase in the share price the next day.
Here’s a look at Icahn Enterprises’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.15 | 0.22 | 0.07 | 0.13 |
| EPS Actual | -0.74 | -0.37 | -0.41 | 1.06 |
| Revenue Estimate | 2.67B | 2.77B | 2.65B | 2.28B |
| Revenue Actual | 3.10B | 3.40B | 3.50B | 2.97B |
To track all earnings releases for Icahn Enterprises visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
