Q4 Earnings Preview Icahn Enterprises

Icahn Enterprises IEP announces its next round of earnings this Thursday, Feb. 28. Here's Benzinga's advanced look at Icahn Enterprises's Q4 earnings report.

Earnings and Revenue

Icahn Enterprises EPS is expected to be around $5.83, according to sell-side analysts. Sales will likely be near $3.39 billion.

Icahn Enterprises reported a per-share profit of $1.72 when it published results during the same quarter last year. Sales in that period totaled $4.73 billion. Revenue would be down 28.38 percent on a year-over-year basis. Here's how the company's reported EPS has compared to analyst estimates in the past:

 

Quarter Q3 2018 Q2 2018 Q1 2018 Q4 2017
EPS Estimate 0.91 0.56 0.58 0.56
EPS Actual 0.68 0.9 0.77 1.72

Stock Performance

Over the last 52-week period, shares are up 23.51 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. The most common rating by analysts on Icahn Enterprises stock is a Sell. The strength of this rating has maintained conviction over the past three months.

Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsEarnings Previews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...