Icahn Enterprises's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Icahn Enterprises (NASDAQ:IEP) is set to release its latest quarterly earnings report on November 3, 2023. Analysts estimate an earnings per share (EPS) of $0.34. The company's past performance shows missed EPS estimates and negative price changes. The stock is currently trading at $16.36, down 68.87% over the last 52-week period.
November 02, 2023 | 4:00 pm
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Icahn Enterprises is expected to report an EPS of $0.34. The company's past performance shows missed EPS estimates and negative price changes. The stock is currently trading at $16.36, down 68.87% over the last 52-week period.
Given the company's history of missing EPS estimates and the negative price changes that followed, there is a high likelihood that the stock price may be negatively impacted if the company fails to meet the estimated EPS of $0.34. The stock's negative performance over the past year also indicates a bearish sentiment among long-term shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100