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Dec 31, 2024
Icahn Enterprises Q4 2024 Earnings Report
Icahn Enterprises reported a net loss for Q4 2024, with slight improvements in EBITDA.
Key Takeaways
Icahn Enterprises reported a net loss of $98 million for Q4 2024, an improvement compared to a net loss of $139 million in Q4 2023. Revenue decreased slightly to $2.6 billion, while Adjusted EBITDA rose to $12 million.
Net loss improved to $98 million, compared to a loss of $139 million in Q4 2023.
Revenue for Q4 2024 was $2.6 billion, a decrease from Q4 2023 revenue of $2.7 billion.
Adjusted EBITDA increased to $12 million, up from $9 million in Q4 2023.
Indicative Net Asset Value declined to $3.3 billion as of December 31, 2024.
Forward Guidance
Icahn Enterprises expects ongoing efforts to improve operational efficiency across its segments, with a focus on asset performance and cost controls.
Positive Outlook
- Real estate segment expected to continue generating positive returns.
- Energy sector performance projected to stabilize.
- Cost-saving initiatives across segments.
- Continued focus on investment opportunities.
- Enhanced financial flexibility through cash reserves.
Challenges Ahead
- Ongoing investment segment challenges.
- Potential risks from global market conditions.
- High interest expense burden.
- Supply chain disruptions impacting operations.
- Increased competition in automotive and food packaging.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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