Icahn Enterprises (IEP) Projected to Post Quarterly Earnings on Wednesday

Icahn Enterprises (NASDAQ:IEP) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $2.63 billion for the quarter.

Icahn Enterprises (NASDAQ:IEP) last released its quarterly earnings data on Wednesday, February 26th. The conglomerate reported ($0.19) earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.36). Icahn Enterprises had a negative net margin of 4.79% and a negative return on equity of 8.82%. The firm had revenue of $2.37 billion for the quarter, compared to analyst estimates 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 Price Performance

Icahn Enterprises stock opened at $8.89 on Monday. The stock has a 50-day moving average price of $9.00 and a two-hundred day moving average price of $10.13. Icahn Enterprises has a 12 month low of $7.27 and a 12 month high of $19.10. The company has a market capitalization of $4.64 billion, a PE ratio of -8.15 and a beta of 0.77. The company has a current ratio of 4.61, a quick ratio of 4.61 and a debt-to-equity ratio of 1.34.

Icahn Enterprises Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 16th. Investors of record on Monday, March 10th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $2.00 annualized dividend and a yield of 22.51%. Icahn Enterprises’s dividend payout ratio is presently -210.53%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Icahn Enterprises from a “sell” rating to a “hold” rating in a research note on Wednesday, March 26th.

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.