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Stock impact report

Icahn Enterprises Earnings: What To Look For From IEP [Yahoo! Finance]

Icahn Enterprises L.P. - Depositary Units representing Limited Partner Interests (IEP) 
US:NASDAQ Investor Relations: ielp.com/investor-relations
Company Research Source: Yahoo! Finance
Icahn Enterprises beat analysts' revenue expectations by 13.9% last quarter, reporting revenues of $2.55 billion, flat year on year. It was a mixed quarter for the company, with a miss of analysts' earnings estimates. Is Icahn Enterprises a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Icahn Enterprises's revenue to decline 22.5% year on year to $2.32 billion, a further deceleration from the 12.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.21 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Icahn Enterprises has missed Wall Street's revenue estimates four times over the last two years. Looking at Icahn Enterprises's peers in the general industrial machinery segment, some have already reported their Q3 results, givi Show less Read more
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