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Sep 30, 2020
Icahn Enterprises Q3 2020 Earnings Report
Reported a net loss with decreased revenues compared to the previous year.
Key Takeaways
Icahn Enterprises L.P. reported a net loss of $714 million, or a loss of $3.14 per depositary unit, on revenues of $722 million for the third quarter of 2020. This compares to a net loss of $49 million on revenues of $2.3 billion for the same period in 2019. Adjusted EBITDA attributable to Icahn Enterprises was $(550) million compared to $(121) million for the three months ended September 30, 2019.
Reported third quarter 2020 revenues of $722 million.
Net loss attributable to Icahn Enterprises was $714 million, or a loss of $3.14 per depositary unit.
Adjusted EBITDA attributable to Icahn Enterprises was $(550) million.
Declared a quarterly distribution of $2.00 per depositary unit.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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