earnings
confidence high
sentiment neutral
materiality 0.60
Icahn Enterprises Q4 2024 net loss narrows to $98M; declares $0.50 distribution
ICAHN ENTERPRISES L.P.
- Q4 2024 net loss attributable to IEP was $98M ($0.19 per unit), improved from $139M loss ($0.33 per unit) in Q4 2023.
- Adjusted EBITDA rose to $12M from $9M year-over-year; revenue declined to $2.6B from $2.7B.
- Indicative net asset value fell $223M to $3.3B as of Dec 31, 2024, driven by declines in CVR Energy and Viskase, partially offset by real estate segment gains.
- Board declared Q4 distribution of $0.50 per depositary unit, payable April 16, 2025, to holders of record March 10, 2025.