Icahn Enterprises (NASDAQ:IEP) Posts Earnings Results, Misses Expectations By $0.17 EPS

Icahn Enterprises (NASDAQ:IEP) issued its quarterly earnings data on Wednesday. The conglomerate reported $0.00 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.17), reports. Icahn Enterprises had a negative return on equity of 8.16% and a negative net margin of 2.98%.The business had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.46 billion.

Here are the key takeaways from Icahn Enterprises’ conference call:

• Fourth-quarter NAV fell by $654 million sequentially, driven by share price declines at CVI despite otherwise strong fund performance.
• The funds delivered solid Q4 returns (about +11% including refining hedges, ~+9% ex-hedges) with EchoStar, refining hedges, and Centuri as top contributors, and cash at the funds has risen to over $1.2 billion post-quarter.
• Management expressed optimism on CVI—citing limited global refining capacity additions, new pipeline flows improving West Coast feedstock economics, and plans to boost capture rates—while noting no material change to CVI’s outlook despite the stock decline.
• Liquidity and balance-sheet moves improve optionality — holding-company cash and investments in the funds of $3.5 billion, subsidiaries with $913 million of cash/revolver availability, and the company called remaining 2026 debt maturities.
• Several operating segments weakened in Q4 — Energy Adjusted EBITDA fell to $51 million from $99 million a year ago, and Food Packaging, Home Fashion, and Pharma all reported year-over-year EBITDA declines (pharma hit by generic competition).

Icahn Enterprises Stock Performance

NASDAQ:IEP traded down $0.05 during trading hours on Friday, reaching $8.06. The company had a trading volume of 1,320,945 shares, compared to its average volume of 860,072. The firm has a market cap of $4.84 billion, a price-to-earnings ratio of -13.43 and a beta of 0.84. The company has a current ratio of 4.24, a quick ratio of 4.24 and a debt-to-equity ratio of 1.96. The firm’s 50 day moving average price is $7.81 and its 200-day moving average price is $8.11. Icahn Enterprises has a 52 week low of $7.08 and a 52 week high of $10.41.

Icahn Enterprises Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 9th will be issued a $0.50 dividend. The ex-dividend date is Monday, March 9th. This represents a $2.00 annualized dividend and a yield of 24.8%. Icahn Enterprises’s dividend payout ratio (DPR) is currently -333.33%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC purchased a new position in shares of Icahn Enterprises in the 4th quarter worth approximately $35,000. Caz Investments LP lifted its position in Icahn Enterprises by 12.5% in the second quarter. Caz Investments LP now owns 11,254 shares of the conglomerate’s stock worth $91,000 after buying an additional 1,254 shares during the last quarter. Virtus Advisers LLC boosted its stake in Icahn Enterprises by 80.5% during the fourth quarter. Virtus Advisers LLC now owns 26,536 shares of the conglomerate’s stock worth $200,000 after buying an additional 11,836 shares during the period. Jump Financial LLC bought a new position in Icahn Enterprises during the second quarter valued at $216,000. Finally, Accuvest Global Advisors bought a new position in Icahn Enterprises during the fourth quarter valued at $218,000. 87.09% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

IEP has been the topic of a number of research reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Icahn Enterprises in a research note on Monday, December 29th. Wall Street Zen raised shares of Icahn Enterprises from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Icahn Enterprises presently has an average rating of “Reduce”.

Icahn Enterprises Company Profile

Icahn Enterprises L.P. (NASDAQ: IEP) is a diversified holding company based in New York City. Controlled by veteran investor Carl C. Icahn, the partnership makes strategic investments and owns wholly or partially controlled subsidiaries across a broad range of industries. With a flexible capital structure, Icahn Enterprises seeks to generate long-term value through active ownership, asset optimization and operational improvements.

The company reports its activities through five principal business segments.