Icahn Enterprises

Icahn Enterprises LP operates as holding company. It operates through following eight business segments: Investment, Automotive, Energy, Food Packaging, Metals, Real Estate, Home Fashion, and Pharma. The Investment segment consists of various private investment funds. The Automotive segment holds ownership in Icahn Automotive Group LLC. The Energy segment holds ownership in CVR Energy, Inc., which owns majority interests in two separate operating subsidiaries, CVR Refining, LP and CVR Partners, LP. The Food Packaging segment holds ownership in Viskase Cos., Inc., which is engaged in the production and sale of cellulosic, fibrous, and plastic casings for the processed meat and poultry industry. The Metals segment operates through PSC Metals, Inc., which engages in the business of collecting, processing, and selling ferrous and non-ferrous metals, as well as the processing and distribution of steel pipe and plate products in the Midwest and Southern U.S. The Real Estate segment consists of rental real estate, property development and resort activities. The Home Fashion segment operates through WestPoint Home LLC, which consists of manufacturing, sourcing, marketing, distributing, and selling home fashion consumer products. The Pharma segments operates through Vivus, Inc., a specialized pharmaceutical company. The company was founded on February 17, 1987 and is headquartered in Sunny Isles Beach, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Icahn Enterprises reports Q1 loss, maintains strong liquidity for growth

Icahn Enterprises faced challenges with a Q1 2023 loss of $270 million but maintained strong liquidity for future opportunities.
Despite investment fund underperformance, segments like CVI and Automotive Services showed strength and potential for growth.
Real Estate segment struggled, but Energy and Automotive segments displayed improvements, offering avenues for future profitability.

Icahn Enterprises reports Q2 loss, maintains stability amid segment challenges

Icahn Enterprises faced challenges in Q2 2023 with a net loss attributed to specific segments, but maintained overall financial stability.
Despite performance declines in some areas, the company showed strengths in liquidity and EBITDA improvements in key segments.
Addressing challenges and capitalizing on opportunities will be crucial for driving future growth and enhancing shareholder value.

Icahn Enterprises (IEP) reports improved Q3 results, eyes strategic growth

Icahn Enterprises (IEP) showed improved financial performance in Q3 2023, driven by strong operating company results. Despite challenges in investment fund returns, the company's overall asset value and liquidity position present opportunities for future growth and strategic initiatives.

Icahn Enterprises reports Q4 loss, eyes growth in key segments

Icahn Enterprises (IEP) navigated challenges in Q4 2023 with a focus on liquidity, strong performance in key segments, and addressing areas for improvement. The company's leadership highlighted forward-looking statements, non-GAAP financial measures, and indicative net asset value.

Icahn Enterprises reports improved Q1 performance and strategic strengths

Icahn Enterprises showed improved financial performance in Q1 2024, with a net loss reduction and increased adjusted EBITDA.
The company's focus on activism strategy, liquidity maintenance, and disciplined approach to acquisitions are key strengths.
Challenges include negative returns in investment funds and the need to address operational efficiency for sustained profitability.
Opportunities lie in strategic acquisitions, market dynamics, and leveraging the strong balance sheet for future growth.

Icahn Enterprises Q2 earnings below, focus on long-term value

Q2 performance below expectations due to declines in CVI and Investments segments.
Efforts to improve Automotive segment EBITDA and capitalize on leasing pipeline.
Maintaining liquidity for seizing opportunities and focusing on long-term value creation.
CEO emphasizes belief in significant holdings' long-term performance and activist strategy.

Icahn Enterprises reports mixed Q3 results with growth opportunities

Icahn Enterprises faced challenges in CVR Energy and Auto Service but showed strength in investment funds and Pharma segment, with opportunities in management changes and asset sales.
Maintained liquidity and strategic investment decisions demonstrate financial stability, while proposed tender offer and value creation potential offer avenues for growth.
Overall, Icahn Enterprises navigated challenges in various segments, capitalized on strengths, and positioned itself for growth through operational improvements and strategic investments.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Notorious short seller Hindenburg Research has released an updated short report on Carl Icahn's Icahn Enterprises (NASDAQ: IEP ). Today, IEP stock closed down by nearly 2%.

Hindenburg Slams Carl Icahn's IEP Stock With a Second Short Report

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Icahn Enterprises L.P. (“Icahn Enterprises” or the “Company”) (NASDAQ: IEP) securities between August 2, 2018 and May 9, 2023, inclusive (the “Class Period”). Icahn Enterprises investors have until July 10, 2023 to file a lead plaintiff motion. Investors suffering losses on their Icahn Enterprises investments are encouraged to contact the Law O.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Icahn Enterprises L.P.

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Southern District of Florida, captioned Okaro v. Icahn Enterprises L.P., et al., Case No. 1:23-cv-21773, on behalf of persons and entities that purchased or otherwise acquired Icahn Enterprises L.P. (“Icahn Enterprises” or the “Company”) (NASDAQ: IEP) securities between August 2, 2018 and May 9, 2023, inclusive (the “Class Period”).

IEP CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Icahn Enterprises L.P.

Icahn Enterprises has been under attack from short-sellers this month. Earlier this week, the company posted underwhelming results for the first quarter, causing its shares to tumble further.

Why Icahn Enterprises Tanked This Week

Hindenburg Research's claims about the company have forced investors to pay attention to a problem that was lurking in plain sight.

Icahn Enterprise Stock Has Tumbled 36%. The Short-Seller Saga Isn't Over.

LOS ANGELES, CA / ACCESSWIRE / May 11, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn Enterprises" or "the Company") (NASDAQ:IEP) for violations of the securities laws.

INVESTIGATION ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Icahn Enterprises L.P. and Encourages Investors with Losses In Excess of $500,000 to Contact the Firm

NEW YORK--(BUSINESS WIRE)---- $IEP #classaction--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Icahn Enterprises L.P. (“Icahn Enterprises” or “the Company”) (NASDAQ: IEP). Investors who purchased Icahn Enterprises securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/iep. The investigation concerns whether Icahn Enterprises has violated federal securities laws. On.

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Icahn Enterprises L.P. (IEP) Investigation

Icahn Enterprises LP's stock IEP fell another 8% premarket Thursday, after short seller Hindenburg Research issued another report on Carl Icahn's investing arm, saying disclosures made Wednesday raised more questions about Icahn's margin loans from the company. Nate Anderson-backed Hindenburg published a report on IEP on May 2, accusing it of inflating asset values and questioning Icahn's own borrowing using his units as collateral.

Carl Icahn's company's stock falls another 8% as short seller Hindenburg says latest disclosures raise more questions about margin loans

LOS ANGELES, CA / ACCESSWIRE / May 10, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn Enterprises" or "the Company") (NASDAQ:IEP) for violations of the securities laws.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Icahn Enterprises L.P. and Encourages Investors with Losses In Excess of $250,000 to Contact the Firm

RingCentral

Twilio

Upstart Holdings

Topgolf Callaway Brands Corp

Upstart stock surges after an upbeat outlook and progress on funding, Topgolf offers disappointing guidance, and RingCentral delivers an earnings beat.

These Stocks Are Moving the Most Today: Upstart, Topgolf, RingCentral, Icahn Enterprises, Twilio, and More

LOS ANGELES , May 10, 2023 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn Enterprises" or "the Company") (NASDAQ: IEP) for violations of the securities laws.

INVESTIGATION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Icahn Enterprises L.P. and Encourages Investors with Losses to Contact the Firm

Billionaire Carl Icahn — an individual who essentially brought activist investing to the mainstream — generated headlines again, with his conglomerate Icahn Enterprises (NASDAQ: IEP ) falling sharply on Wednesday. Suffering from a short-seller report by Hindenburg Research, IEP's disclosures revealed that regulators are now seeking additional information about the conglomerate's corporate guidance.

IEP Stock Alert: Regulators Request Information From Icahn Enterprises

Shares of Icahn Enterprises fell by some 20% on Wednesday after it was learned that federal prosecutors sought documents from the company.

Carl Icahn's hedge fund suffers 20% stock drop after revealing federal probe

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Icahn Enterprises L.P. (NASDAQ: IEP) resulting from allegations that Icahn Enterprises may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Icahn Enterprises securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contin.

IEP INVESTOR NEWS: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Icahn Enterprises L.P. Investors With Losses in Excess of $100K to Inquire About Securities Class Action Investigation – IEP

Icahn Enterprises L.P. IEP on Wednesday issued a firm rebuttal against a short-selling report accusing it of inflating asset values that has shaved some $6 billion of its market cap in a few weeks.

Carl Icahn launches Blitzkrieg against short-seller Hindenburg Research

SUNNY ISLES BEACH, Fla. , May 10, 2023 /PRNewswire/ -- Icahn Enterprises L.P.

Icahn Enterprises Responds to Self-Serving Short Seller Report

Icahn Enterprises L.P. IEP disclosed Wednesday in its 10-Q quarterly filing that on May 3, it was contacted by the U.S. regulators, seeking information, including materials on corporate governance, capitalization, securities offerings and valuation.

Icahn Enterprises says U.S. regulators have ‘not made any claims or allegations,' with regard to investigation

Icahn Enterprises L.P. (NASDAQ:IEP ) Q1 2023 Earnings Conference Call May 10, 2023 10:00 AM ET Company Participants Jesse Lynn - General Counsel David Willetts - President and CEO Ted Papapostolou - CFO Conference Call Participants Operator Good morning and welcome to the Icahn Enterprises L.P.

Icahn Enterprises L.P. (IEP) Q1 2023 Earnings Call Transcript

Carl Icahn's investment arm disclosed a federal investigation of its business on Wednesday, just weeks after a short-seller report accused it of inflating asset values and wiped $4 billion off its market value in a single day.

Icahn's investment company discloses federal investigation — and earnings call yields zero questions

Regulators contacted Icahn Enterprises last Wednesday seeking information about corporate governance and other materials.

Carl Icahn's company stock falls again after prosecutors seek financial information

Icahn Enterprises LP (NASDAQ: IEP ) stock is falling on Wednesday after the company surprised investors with a loss in the first quarter of 2023. The company belonging to investor Carl Icahn reported a net loss of $270 million, or 75 cents per share, for the first quarter of the year.

Surprise Loss Batters IEP Stock After Short Report

Inquiry from U.S. Attorney came a day after short seller's report.

Icahn Enterprises Under Investigation by Federal Prosecutors

Icahn Enterprises LP (NYSE:IEP), the investment company led by billionaire Carl Icahn, reported an unexpected loss for the quarter, resulting from market volatility that affected its investment returns. The news caused a drop of nearly 12% in the company's shares before the market opened.

Icahn Enterprises faces unexpected quarterly loss as market volatility impacts investments

Icahn Enterprises L.P. IEP, the investing arm of billionaire activist investor Carl Icahn, said Wednesday it had a net loss of $270 million, or 75 cents per depositary unit, in the first quarter, after income of $323 million, or $1.06 a unit, in the year-earlier period.

Icahn Enterprises stock slides premarket after company swings to first-quarter loss

For the three months ended March 31, 2023, net loss attributable to Icahn Enterprises was $270 million, or a loss of $0.75 per depositary unit. For the three months ended March 31, 2022, net income attributable to Icahn Enterprises was $323 million, or $1.06 per depositary unit.

News for Icahn Enterprises Stock (IEP)