Earnings Preview: Icahn Enterprises
Portfolio Pulse from Benzinga Insights
Icahn Enterprises (NASDAQ:IEP) is set to release its latest quarterly earnings report on August 4, 2023. Analysts estimate an earnings per share (EPS) of $0.25. The company's past performance shows a trend of missing EPS estimates, which has often led to a drop in share price. The stock is currently trading at $33.29, down 38.01% over the last 52-week period.
August 04, 2023 | 1:53 pm
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Icahn Enterprises is expected to report an EPS of $0.25. Given the company's history of missing EPS estimates and the resulting negative impact on the share price, investors may be cautious.
Icahn Enterprises has a history of missing EPS estimates, which has often led to a drop in the share price. Given this trend and the current analyst estimate of $0.25 per share, there is a risk that the company may miss the estimate again, which could negatively impact the share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100