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Mar 31, 2023
Icahn Enterprises Q1 2023 Earnings Report
Reported revenues of $2.6 billion and a net loss attributable to Icahn Enterprises of $270 million for the first quarter of 2023.
Key Takeaways
Icahn Enterprises L.P. reported a decrease in revenues to $2.6 billion and a net loss of $270 million for the three months ended March 31, 2023. Adjusted EBITDA was $116 million, and the indicative net asset value remained relatively flat at $5.6 billion compared to the end of the previous year.
Revenues for Q1 2023 were $2.6 billion, compared to $4.1 billion for Q1 2022.
Net loss attributable to Icahn Enterprises was $270 million, or a loss of $0.75 per depositary unit.
Adjusted EBITDA attributable to Icahn Enterprises was $116 million, down from $616 million in the same period last year.
Indicative net asset value was relatively flat at $5.6 billion as of March 31, 2023.
Forward Guidance
This release may contain certain 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, many of which are beyond our ability to control or predict.
Historical Earnings Impact
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