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Mar 31, 2024

Icahn Enterprises Q1 2024 Earnings Report

Icahn Enterprises reported a net loss of $38 million and revenues of $2.5 billion for Q1 2024.

Key Takeaways

Icahn Enterprises reported revenues of $2.5 billion and a net loss of $38 million for the first quarter of 2024. Adjusted EBITDA was $134 million, compared to $95 million for the same period in the previous year. The indicative net asset value increased by $194 million compared to December 31, 2023.

Revenues for Q1 2024 were $2.5 billion.

Net loss for Q1 2024 was $38 million, or a loss of $0.09 per depositary unit.

Adjusted EBITDA for Q1 2024 was $134 million.

Indicative net asset value increased by $194 million compared to December 31, 2023.

Total Revenue
$2.24B
Previous year: $2.76B
-18.6%
EPS
-$0.09
Previous year: -$0.75
-88.0%
Indicative Net Asset Value
$194M
Previous year: $5.6B
-96.5%
Gross Profit
$334M
Cash and Equivalents
$8.35B
Total Assets
$20.1B

Icahn Enterprises

Icahn Enterprises

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. Actual events, results and outcomes may differ materially from our expectations due to a variety of known and unknown risks, uncertainties and other factors.