Icahn Enterprises Q2 Sales $2.20B Miss $2.24B Estimate
Portfolio Pulse from Benzinga Newsdesk
Icahn Enterprises (NASDAQ:IEP) reported Q2 sales of $2.20 billion, missing the analyst consensus estimate of $2.24 billion by 1.87%. This represents a 13.39% decrease from the same period last year.
August 07, 2024 | 12:03 pm
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Icahn Enterprises reported Q2 sales of $2.20 billion, missing the analyst consensus estimate of $2.24 billion by 1.87%. This is a 13.39% decrease from the same period last year.
The miss on sales estimates and the significant year-over-year decrease in revenue are likely to negatively impact investor sentiment and the stock price in the short term.
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