earnings
confidence high
sentiment neutral
materiality 0.60
Icahn Enterprises Q3 net loss narrows to $123M from $148M; revenues up 31%
ICAHN ENTERPRISES L.P.
- Q3 net loss $123M ($0.37/unit loss) vs $148M loss ($0.55 loss) a year ago; revenues $3.4B vs $2.6B.
- Nine-month 2022 net income $72M ($0.23/unit) vs net loss $122M ($0.47 loss) in 2021; revenues $11.0B vs $9.0B.
- Q3 Adjusted EBITDA attributable to IEP $70M vs $88M; nine-month Adj. EBITDA $812M vs $715M.
- Indicative net asset value increased $1.0B to $6.2B as of Sept 30, 2022 vs Dec 31, 2021.
- Board declared $2.00/unit quarterly distribution (70th consecutive), payable Dec 21, record Nov 18.