Icahn Enterprises: 2Q Earnings Snapshot
NEW YORK (AP) _ Icahn Enterprises L.P. (IEP) on Tuesday reported a second-quarter loss of $498 million, after reporting a profit in the same period a year earlier.
The New York-based company said it had a loss of $2.49 per share. Losses, adjusted to account for discontinued operations, came to $2.37 per share.
The diversified holding company posted revenue of $2.2 billion in the period.
Icahn Enterprises shares have climbed 30% since the beginning of the year. The stock has declined slightly more than 5% in the last 12 months.