IEP

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Icahn Enterprises (IEP) is back in focus after its latest Q1 earnings report, where revenue and earnings fell short of market expectations and the stock reacted negatively to the update. See our latest analysis for Icahn Enterprises. The Q1 earnings miss has come on top of already weak momentum, with the stock posting a 7 day share price return of down 5.24% and a 30 day share price return of down 5.71%. The 1 year total shareholder return of 6.72% contrasts with a 3 year total shareholder return that has fallen 42.95% and a 5 year total shareholder return that has fallen 66.75%. This hints that sentiment has weakened over time despite short term rallies. If this earnings reaction has you rethinking where you find potential opportunities, it can help to broaden your search and look at 20 top founder-led companies With IEP trading at US$7.59 compared to a US$12.00 analyst target and a value score of 4, the key question now is whether recent weakness has left the stock undervalued, or if the market already reflects its future prospects. Icahn Enterprises last closed at $7.59, while the most followed narrative centers on a fair value of $12, creating a wide gap investors are watching closely. Read the complete narrative. Want to see what kind of margin profile and earnings power this narrative is building toward, and how that ties into a future valuation multiple? The numbers behind it are far more aggressive than the recent history might suggest. Result: Fair Value of $12 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this depends on key assumptions, including robust refining margins and successful turnarounds in areas such as food packaging and pharma, which could disappoint and pressure earnings. Find out about the key risks to this Icahn Enterprises narrative. Mixed messages in the data can be confusing, so move quickly, review both the concerns and the upside, and weigh the 2 key rewards and 3 important warning signs. If IEP no longer feels like the only place to focus, widen your lens now and let data driven stock lists surface fresh opportunities for you. Target income potential by reviewing companies screened for stronger yields and stability through the 10...

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at general industrial machinery stocks, starting with Icahn Enterprises (NASDAQ:IEP). Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand for general industrial machinery companies. Those who innovate and create digitized solutions can spur sales and speed up replacement cycles, but all general industrial machinery companies are still at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies’ offerings. The 13 general industrial machinery stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 3% while next quarter’s revenue guidance was 0.6% above. In light of this news, share prices of the companies have held steady as they are up 4.5% on average since the latest earnings results. Founded in 1987, Icahn Enterprises (NASDAQ: IEP) is a diversified holding company primarily engaged in investment and asset management across various sectors. Icahn Enterprises reported revenues of $2.21 billion, up 18.1% year on year. This print fell short of analysts’ expectations by 5.4%. Overall, it was a disappointing quarter for the company with a significant miss of analysts’ revenue and adjusted operating income estimates. Icahn Enterprises delivered the weakest performance against analyst estimates of the whole group. Unsurprisingly, the stock is down 3.5% since reporting and currently trades at $8.04. Read our full report on Icahn Enterprises here, it’s free. Founded in 1895, Albany (NYSE:AIN) is a global textiles and materials processing company, specializing in machine clothing for paper mills and engineered composite structures for aerospace and other industries. Albany reported revenues of $311.3 million, up 7.8% year on year, outperforming analysts’ expectations by 10.8%. The business had a stunning quarter with a solid beat of analysts’ EBITDA estimates. The market seems happy with the results as the stock is up 9.2% since reporting. It currently trades at $63.37. Is now the time to buy Albany? Access our full analysis of the earnings results here, it’s free. Founded by Byron Smith, an...

Icahn Enterprises’ first quarter saw sales grow but missed Wall Street’s revenue and earnings expectations, leading to a negative market reaction. Management cited significant losses on refining hedges within the Investment segment and unrealized derivative losses in Energy as key reasons behind the underperformance. Outgoing CEO Andrew Teno described the past few years as a period of “high-grading the Investment Fund portfolio,” but acknowledged ongoing challenges, particularly in segments impacted by market volatility and operational restructuring. Is now the time to buy IEP? Find out in our full research report (it’s free). Revenue: $2.21 billion vs analyst estimates of $2.33 billion (18.1% year-on-year growth, 5.4% miss) EPS (GAAP): -$0.71 vs analyst estimates of $0.10 (significant miss) Adjusted EBITDA: -$216 million (-9.8% margin, 24.7% year-on-year growth) Adjusted EBITDA Margin: -9.8% Market Capitalization: $5.17 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. There were no analyst questions on the Q1 2026 earnings call, as the operator confirmed an empty queue after opening for questions. The lack of analyst participation may reflect the market’s uncertainty or a wait-and-see approach regarding Icahn’s operational and strategic transitions. With no questions asked, management did not elaborate further on segment-specific results or future guidance beyond prepared remarks. The absence of Q&A left some potential topics, such as the impact of refining hedge losses and liquidity deployment strategy, unexplored in the call. Future calls may see renewed analyst engagement as management executes on portfolio optimization, leadership transitions, and works through segment-specific challenges. Looking ahead, our team will be closely monitoring (1) the pace and effectiveness of operational improvements in Automotive and Food Packaging, (2) sector-specific catalysts such as energy infrastructure investment and regulatory developments impacting the Energy segment, and (3) evidence that management’s portfolio optimization strategy can translate into improved earnings and capital returns. Progress in Pharma R&D a...

Management attributes the $201 million increase in Net Asset Value (NAV) primarily to a $605 million gain in the long position in CVI, reflecting favorable energy market dynamics. The Investment segment's performance was significantly impacted by $320 million in losses on refining hedges, which management views as a byproduct of major geopolitical volatility. The Energy segment's refining margins were weighed down by higher Renewable Fuel Standard (RFS) obligation costs and unrealized derivative losses despite solid crude utilization of 97%. Automotive segment performance is being driven by a strategic shift toward store closures and pricing adjustments, resulting in a 2% increase in same-store sales despite lower total revenue. Pharma segment results were negatively impacted by generic competition in the anti-obesity market and increased R&D spending for ongoing pivotal drug trials. Food Packaging and Home Fashion segments faced operational headwinds from restructuring plans, softening retail demand, and supply chain disruptions in the Strait of Hormuz. Management emphasizes a 'high-grading' of the Investment Fund portfolio and a focus on maintaining a significant 'war chest' for opportunistic capital allocation. Management expects CVI to be well positioned for potential future debt reductions and capital returns to shareholders, supported by global tightness in refined products. The Pharma segment anticipates a significant milestone with the first patient dosing for the PAH drug trial expected within the next 60 to 90 days. Investment in AEP is predicated on the AI infrastructure build, with management highlighting a long-term operating earnings CAGR target of greater than 9% through 2030. The company maintains a net short notional exposure of 29% at the funds, reflecting a cautious or defensive posture relative to broader market volatility. Strategic priorities include continuing the portfolio optimization at IFF and leveraging the potential IPO of SpaceX as a catalyst for the Echostar position. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. The company underwent a leadership transition with Ted Papapostolou succeeding Andrew Teno as CEO and Robert Flint assuming the CFO role. Real Estate segment results were bolstered by $18 million in adjusted EBITD...

Q1 results: Icahn Enterprises reported a net loss of $459 million (−$0.71/unit) as $425 million of refining hedge losses and $158 million of unrealized derivative losses weighed on results, though NAV rose $201 million driven by a $605 million gain in its CVI position and the board kept the distribution at $0.50 per unit. Leadership change: CFO Ted Papapostolou was promoted to CEO with Robert Flint stepping into the CFO role, signaling a management transition as the firm pursues portfolio and operational opportunities. Funds and liquidity: The Investment Funds returned +4.4% excluding refining hedges but −8.2% including them, with net short notional exposure rising to 29% (from 13% at year-end); total funds investment was about $2.2 billion with ~$782 million cash, and the holding company and subsidiaries had roughly $2.8 billion and $1.3 billion of liquidity, respectively. Interested in Icahn Enterprises L.P.? Here are five stocks we like better. 3 High Dividend Stocks To Beat Treasury Yields Icahn Enterprises (NASDAQ:IEP) reported a first-quarter 2026 net loss attributable to the company of $459 million, or a loss of $0.71 per unit, as losses tied to refining hedges and derivatives weighed on results despite gains in the firm’s long position in CVI and positive performance in key equity holdings. Andrew Teno opened the call by thanking colleagues and noting his departure from the CEO role. Teno said it had been an “honor and privilege” to work with Chairman Carl Icahn, and that the company had worked in recent years “to high-grade the investment fund portfolio and to get our controlled operations moving in the right direction.” He added that he was leaving with the view that Icahn Enterprises is “in good hands with a significant war chest to take advantage of opportunities as they arise.” → 3 Emerging Markets ETFs to Maximize Exposure to High-Potential Countries Is This The Collapse of Icahn Enterprises ? Ted Papapostolou, previously chief financial officer, said he is taking on the role of CEO and thanked Teno for his leadership. Papapostolou said he is “honored” by the opportunity and described Icahn Enterprises as having “a unique portfolio” and a “strong heritage of disciplined capital allocation.” He also said he looked forward to working with Robert Flint in his “new role as CFO.” Papapostolou said first-quarter net asset value increased by $201 mill...

SUNNY ISLES BEACH, Fla., May 6, 2026 /PRNewswire/ -- Indicative Net Asset Value was approximately $3.4 billion as of March 31, 2026, an increase of $201 million compared to December 31, 2025. This improvement was primarily due to an increase of $605 million in the value of our long position in CVI, offset in part by losses on refining hedges in the Investment segment of $320 million, the Holding Company's net interest expense of $79 million and IEP distribution payable of $51 million. Excluding refining hedges and $605 million of gains in CVI, the Investment segment alone saw positive performance of $110 million. IEP declares first quarter distribution of $0.50 per depositary unit Financial Summary For the three months ended March 31, 2026, revenues were $2.2 billion and net loss attributable to IEP was $459 million, or approximately $0.71 per depositary unit. This first quarter 2026 GAAP net loss does not include the increase of $605 million in the value of our long position in CVI and was negatively impacted by $425 million of losses resulting from the impact of refining hedges within our Investment segment and $158 million of unrealized derivative losses within our Energy segment and does not include $447 million of aggregate locked in value expected to be derived within our Energy segment through 2027 from the sale of NYMEX crack spread swaps entered into during Q1 2026 (in each case including losses and expected value attributable to non-controlling interests). For the three months ended March 31, 2025, revenues were $1.9 billion and net loss attributable to IEP was $422 million, or a loss of $0.79 per depositary unit. Adjusted EBITDA loss attributable to IEP was $216 million for the three months ended March 31, 2026, compared to Adjusted EBITDA loss attributable to IEP of $228 million for the three months ended March 31, 2025.[1] As of March 31, 2026, indicative net asset value increased $201 million compared to December 31, 2025. This improvement was primarily due to an increase of $605 million in the value of our long position in CVI, offset in part by losses on refining hedges in the Investment Segment of $320 million, the Holding Company's net interest expense of $79 million and IEP's distribution payable to unitholders of $51 million. Excluding the negative impact of refining hedges and $605 million of gains in CVI, the Investment segment saw posi...

Holding company and industrial conglomerate Icahn (NYSE:IEP) fell short of the market’s revenue expectations in Q1 CY2026, but sales rose 18.1% year on year to $2.21 billion. Its GAAP loss of $0.71 per share was significantly below analysts’ consensus estimates. Is now the time to buy Icahn Enterprises? Find out in our full research report. Revenue: $2.21 billion vs analyst estimates of $2.33 billion (18.1% year-on-year growth, 5.4% miss) EPS (GAAP): -$0.71 vs analyst estimates of $0.10 (significant miss) Adjusted EBITDA: -$216 million (-9.8% margin, 24.7% year-on-year growth) Adjusted EBITDA Margin: -9.8%, up from -15.4% in the same quarter last year Market Capitalization: $5.31 billion Founded in 1987, Icahn Enterprises (NASDAQ: IEP) is a diversified holding company primarily engaged in investment and asset management across various sectors. A company’s long-term sales performance is one signal of its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Unfortunately, Icahn Enterprises struggled to consistently increase demand as its $9.75 billion of sales for the trailing 12 months was close to its revenue five years ago. This was below our standards and suggests it’s a low quality business. We at StockStory place the most emphasis on long-term growth, but within industrials, a half-decade historical view may miss cycles, industry trends, or a company capitalizing on catalysts such as a new contract win or a successful product line. Icahn Enterprises’s recent performance shows its demand remained suppressed as its revenue has declined by 4.6% annually over the last two years. This quarter, Icahn Enterprises’s revenue grew by 18.1% year on year to $2.21 billion but fell short of Wall Street’s estimates. Looking ahead, sell-side analysts expect revenue to decline by 1.4% over the next 12 months. Although this projection is better than its two-year trend, it’s hard to get excited about a company that is struggling with demand. WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it. This is what the early days of Palantir looked like before it became a $437 billion giant. Same playbook. Different technology. If you missed Palanti...

SUNNY ISLES, Fla. (AP) — SUNNY ISLES, Fla. (AP) — Icahn Enterprises L.P. (IEP) on Wednesday reported a loss of $450 million in its first quarter. On a per-share basis, the Sunny Isles, Florida-based company said it had a loss of 71 cents. The diversified holding company posted revenue of $2.21 billion in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IEP at https://www.zacks.com/ap/IEP

SUNNY ISLES BEACH, Fla., April 28, 2026 /PRNewswire/ -- Icahn Enterprises L.P. (Nasdaq:IEP) announced today that it will discuss its first quarter 2026 results on a webcast on Wednesday, May 6, 2026 - 10:00 a.m. Eastern Time. To access the webcast, viewers should go to this link (webcast). We encourage viewers to access the webcast 15 minutes ahead of the scheduled start time. A replay of the webcast will also be available for at least twelve months at Icahn events and presentations. Icahn Enterprises L.P., a master limited partnership, is a diversified holding company engaged in seven primary business segments: Investment, Energy, Automotive, Food Packaging, Real Estate, Home Fashion and Pharma. Investor Contact: Ted Papapostolou, Chief Financial Officer [email protected] (800) 255-2737 View original content:https://www.prnewswire.com/news-releases/icahn-enterprises-lp-announces-q1-2026-earnings-conference-call-302755653.html

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Icahn Enterprises (IEP) is drawing fresh attention after posting annual revenue of US$9,409 million alongside a net loss of US$293 million. This has prompted investors to reassess how the diversified partnership is currently valued. See our latest analysis for Icahn Enterprises. At a share price of US$7.45, Icahn Enterprises has seen a 7.57% 1 month share price decline after a modest 2.05% 3 month gain. The 1 year total shareholder return of 1.79% contrasts sharply with a 72.49% 3 year total shareholder loss, so recent momentum looks tentative against a weak longer term record. If this kind of mixed performance has you looking around the market, it could be a good moment to broaden your search with 20 top founder-led companies With Icahn Enterprises trading at US$7.45, sitting at a discount to a US$12.00 analyst price target and only a modest intrinsic discount, the key question is whether this mixed picture offers a potential entry point or whether the market already reflects any future recovery. The most followed narrative currently pegs Icahn Enterprises fair value at $12, compared with the last close of $7.45, which suggests a sizeable valuation gap that hinges on several key business shifts. Read the complete narrative. Want to see what sits behind that turnaround pitch? The narrative leans heavily on a sharp earnings swing, richer margins and a lower future earnings multiple than many peers. Result: Fair Value of $12 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, if refining margins weaken or the commercial real estate market stays soft, the earnings improvements behind that 37.9% undervalued narrative could be much harder to realise. Find out about the key risks to this Icahn Enterprises narrative. With such a mixed picture on value, risks and potential upside, it makes sense to check the numbers yourself and move quickly to your own view using 4 key rewards and 2 important warning signs If Icahn Enterprises has your attention, do not stop here. Broaden your watchlist with a few focused stock ideas that other investors are already checking. Target potential income pillars by reviewing 12 dividend fortresses that may help anchor a more income focused portfoli...

The $654,000,000 decline in fourth quarter NAV was primarily driven by share price weakness in CVI, which overshadowed an 11% gain in the investment funds. Management attributes the CVI decline to temporary market sentiment rather than fundamental changes, citing limited global capacity and new pipeline projects as medium-term profitability drivers. The investment fund's performance was bolstered by EchoStar's spectrum valuation, Sentry's infrastructure growth, and refining hedges, while Caesars served as the primary detractor due to stock underperformance. Strategic positioning has shifted toward a more cautious market view, prioritizing defensive assets like AEP that are positioned to benefit from AI infrastructure buildout. The exit from Southwest Gas followed a successful collaboration that improved return on equity and strengthened the balance sheet through the Great Basin Pipeline Expansion. Management is maintaining a significant 'war chest' with fund cash balances increasing to over $1.2 billion to capitalize on market dislocations. CVI is focusing on improving capture rates to drive profitability even if industry crack spreads remain stagnant in the near term. AEP is projected to grow its asset base at a 10% CAGR and EPS at a 9% CAGR through 2030, supported by a $72,000,000,000 capital expenditure plan. Management views a potential SpaceX IPO as a meaningful catalyst for EchoStar due to the value of its spectrum portfolio and SpaceX equity holdings. The Pharma segment expects to dose the first patient in its TRANSCEND trial for a PAH drug within the next 60 to 90 days, targeting a disease-modifying designation. Home Fashion anticipates that tariff uncertainty may drive new business into the bidding pipeline, potentially impacting 2026 results positively. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Energy segment EBITDA was pressured by a turnaround at the Coffeyville fertilizer facility and a three-week downtime event at a third-party air separation plant. Food Packaging underwent a leadership change, reinstating former CEO Tom Davis to navigate manufacturing inefficiencies and restructuring headwinds. Pharma segment performance was negatively impacted by the entry of generic competition in the anti-obesity market. The company took proactive...