Icahn Enterprises Q2 Earnings Call Highlights
Icahn Enterprises (IEP) reported Q2 earnings call highlights. The company said it expects to use part of automotive sale proceeds to fund upcoming debt maturities. It kept its quarterly distribution at $0.50 per depositary unit. IEP’s investment funds returned -7.7% (ex hedges) and -10.9% (incl hedges). Energy adjusted EBITDA rose to $102M from $40M.

