Icahn Enterprises Q2 EPS $(0.72) May Not Compare To $0.25 Estimate, Sales $2.50B Miss $2.66B Estimate
Portfolio Pulse from Benzinga Newsdesk
Icahn Enterprises reported Q2 earnings per share (EPS) of $(0.72), which may not compare favorably to the estimated $0.25. The company's sales of $2.50 billion also missed the estimated $2.66 billion.
August 04, 2023 | 3:15 pm
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NEGATIVE IMPACT
Icahn Enterprises' Q2 earnings and sales missed estimates, which could negatively impact its stock price in the short term.
Icahn Enterprises reported lower than expected earnings and sales for Q2. This underperformance could lead to a decrease in the company's stock price as it indicates potential operational or financial issues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100