08:36 AM EDT, 05/07/2025 (MT Newswires) -- Icahn Enterprises ( IEP ) reported a Q1 net loss Wednesday of $0.79 per share, widening from a loss of $0.09 a year earlier.

No comparable FactSet estimates were available.

Revenue for the quarter ended March 31 was $2 billion, down from $2.25 billion a year earlier.

A single analyst surveyed by FactSet expected $2.63 billion.

The company said it has retained its quarterly distribution at $0.50 per unit, payable on or about June 25 to shareholders of record as of May 19.

Shares of the company were down more than 1% in recent Wednesday premarket activity.