Billionaire activist Carl Icahn's investment firm Icahn Enterprises beats Q2 revenue estimates
Overview
Icahn Enterprises Q2 rev rises to $2.4 bln, beating analyst expectations
Net loss for Q2 is $165 mln, missing analyst estimates
Adjusted EBITDA loss narrows to $43 mln from $155 mln last year
Outlook
Icahn Enterprises does not provide specific future guidance in the release
Result Drivers
NET ASSET VALUE INCREASE - Indicative net asset value rose by $252 mln compared to March 31, 2025
REVENUE GROWTH - Revenue increased to $2.4 bln, exceeding analyst expectations of $2.03 bln
REDUCED EBITDA LOSS - Adjusted EBITDA loss narrowed to $43 mln from $155 mln in Q2 2024
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $2.40 bln | $2.03 bln (1 Analyst) |
Q2 Net Income | Miss | -$165 mln | $74 mln (1 Analyst) |
Q2 Dividend |
| $0.5 |
|
Q2 Net Asset Value |
| $3.30 bln |
|
Press Release: ID:nPnbdrYSha
