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Sep 30, 2023
Icahn Enterprises Q3 2023 Earnings Report
Icahn Enterprises' financial performance declined with a net loss, but adjusted EBITDA increased compared to the previous year.
Key Takeaways
Icahn Enterprises reported revenues of $3.0 billion and a net loss of $6 million, or a loss of $0.01 per depository unit, for the three months ended September 30, 2023. This compares to revenues of $3.4 billion and a net loss of $123 million, or a loss of $0.37 per depository unit, for the three months ended September 30, 2022. Adjusted EBITDA was $272 million for the three months ended September 30, 2023, compared to $70 million for the three months ended September 30, 2022.
Revenues were $3.0 billion for the three months ended September 30, 2023.
Net losses were $6 million, or a loss of $0.01 per depository unit for the three months ended September 30, 2023.
Adjusted EBITDA was $272 million for the three months ended September 30, 2023.
Indicative net asset value increased $147 million compared to June 30, 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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Avg. Return Before/After Earnings
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