Icahn Enterprises L.P. (Nasdaq: IEP) Today Announced Its Fourth Quarter 2024 Financial Results
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Icahn Enterprises L.P. (Nasdaq: IEP) reported a Q4 2024 net loss of $98 million, an improvement from the previous year. Adjusted EBITDA increased to $12 million. The Indicative Net Asset Value decreased to $3.3 billion. A distribution of $0.50 per depositary unit was declared.
February 26, 2025 | 1:15 pm
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Icahn Enterprises reported a Q4 2024 net loss of $98 million, an improvement from Q4 2023. Adjusted EBITDA rose to $12 million. The Indicative Net Asset Value decreased to $3.3 billion. A distribution of $0.50 per depositary unit was declared.
The financial results show an improvement in net loss and EBITDA, which is positive. However, the decrease in Net Asset Value and the net loss itself are concerns. The declared distribution may support the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100