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In contrast to $255 million, or 74 cents per unit, a year earlier, the corporation reported a net loss of $139 million, or 33 cents each depositary unit, for the October–December quarter.
There was a decline from $3.280 billion to $2.644 billion in revenue.
FactSet surveyed experts who projected an average profit per unit of 21 cents on revenue of $2.358 billion.
As of December 31, the estimated net asset value of the investment fund was $4.76 billion, a decrease of approximately $411 million from September.
Icahn Enterprises' unit quotes rose by 13.5% throughout the previous three months.
source: reuters.com
There was a decline from $3.280 billion to $2.644 billion in revenue.
FactSet surveyed experts who projected an average profit per unit of 21 cents on revenue of $2.358 billion.
As of December 31, the estimated net asset value of the investment fund was $4.76 billion, a decrease of approximately $411 million from September.
Icahn Enterprises' unit quotes rose by 13.5% throughout the previous three months.
source: reuters.com
