Icahn Enterprises Q1 net loss $270M vs year-ago income $323M; revenue down 37%

ICAHN ENTERPRISES L.P.

Net loss of $270M ($0.75/unit loss) vs net income $323M ($1.06/unit) in Q1 2022.
Revenues $2.6B, down from $4.1B YoY; Adjusted EBITDA $116M vs $616M.
Indicative Net Asset Value flat at $5.6B as of March 31, 2023.
Board declares quarterly distribution of $2.00/unit, 72nd consecutive quarterly distribution.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ICAHN ENTERPRISES L.P. reported three months ended March 31, 2023 results: revenue revenues of $2.6 billion, net income net loss attributable to Icahn Enterprises of $270 million, EPS loss of $0.75 per depositary unit.

Period: three months ended March 31, 2023
Revenue: revenues of $2.6 billion
Net income: net loss attributable to Icahn Enterprises of $270 million
EPS: loss of $0.75 per depositary unit
Result: reported results

Exact text from the filing

Icahn Enterprises L.P. (Nasdaq:IEP) is reporting revenues of $2.6 billion and net loss attributable to Icahn Enterprises of $270 million, or a loss of $0.75 per depositary unit, for the three months ended March 31, 2023.

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Source: SEC EDGAR

accession 0001104659-23-058020

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