08:35 AM EDT, 05/08/2024 (MT Newswires) -- Icahn Enterprises L.P ( IEP ) reported a Q1 loss Wednesday of $0.09 per diluted depositary unit, narrower than the loss of $0.75 a year earlier.

One analyst polled by Capital IQ expected earnings of $0.25 per unit.

Net sales for the quarter ended March 31 were $2.24 billion, down from $2.76 billion a year earlier.

A single analyst surveyed by Capital IQ expected $2.79 billion.

The company maintained its quarterly distribution at $1 per depositary unit, payable around June 25.

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