Welcome to our dedicated page for Icahn Enterprises news (Ticker: IEP), a resource for investors and traders seeking the latest updates and insights on Icahn Enterprises stock.
Icahn Enterprises LP (IEP) provides investors with comprehensive news coverage across its seven operating segments: energy, automotive, real estate, investment strategies, food packaging, home fashion, and pharmaceutical interests. This centralized resource aggregates official press releases and third-party analysis to streamline due diligence for stakeholders.
Users gain immediate visibility into strategic developments including earnings announcements, regulatory filings, and partnership updates. The curated feed maintains chronological organization while highlighting material events across IEP's diversified portfolio. Regular updates ensure timely access to operational changes in refining operations, automotive parts distribution, and real estate transactions.
Key content categories include quarterly financial disclosures, leadership changes, sustainability initiatives, and market expansion updates. Subscribers receive alerts for critical developments in IEP's petroleum operations, automotive service networks, and pharmaceutical investments. The archive enables historical performance analysis across business cycles.
Bookmark this page for streamlined monitoring of IEP positions. Combine real-time alerts with deep-dive analysis tools available through Stock Titan's premium platform.
Icahn Enterprises reported a net loss of $183 million ($0.57 per unit) for the twelve months ending December 31, 2022, an improvement from $518 million in the prior year. Revenues increased to $14.1 billion from $11.3 billion in 2021. Adjusted EBITDA rose to $758 million compared to $273 million year-over-year. In Q4 2022, revenues were $3.1 billion with a net loss of $255 million. Despite a loss in Adjusted EBITDA of $54 million for the quarter, this marked an improvement from the previous year's loss of $443 million. The Indicative Net Asset Value grew by $522 million to $5.6 billion. The board declared a quarterly distribution of $2.00 per unit, continuing a consistent distribution trend since 2005.
Icahn Enterprises L.P. (Nasdaq: IEP) announced a conference call and webcast to discuss its Q4 2022 results on February 24, 2023, at 10:00 a.m. ET. The company, a diversified holding entity with interests in sectors like Energy, Automotive, and Pharma, will provide insights into its financial performance. Participants can join via a webcast or by phone through a registration link. A replay will also be accessible for a limited time.
Icahn Enterprises L.P. (Nasdaq: IEP) announced on January 31, 2023, that its subsidiary IEH Auto Parts Holding LLC, also known as Auto Plus, is initiating a voluntary Chapter 11 filing. This decision is a response to diminished demand, supply chain disruptions, inflation, and the lingering effects of COVID-19. Since acquiring Auto Plus, IEP has heavily invested in restructuring but has faced continued losses. The company plans to sell most of Auto Plus's assets during the bankruptcy proceedings. Notably, this development is not expected to significantly impact IEP's overall performance.
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