Icahn Enterprises LP IEP, -0.36% reported first quarter-earnings before the opening bell Thursday. Here's what you need to know:
REVENUE: Sales jumped 15% to $5.4 billion, roughly matching analysts' expectations.
EARNINGS: The company swung to a profit of $137 million, or 77 cents a share, compared with a loss of $18 million, or 12 cents a share, a year earlier. Wall Street estimated earnings of 58 cents a share.
ASSETS: The company ended the quarter with an indicative net asset value of $8.1 billion, compared with $7.9 billion as of Dec. 31.
STOCK MOVE: Shares, inactive premarket, have climbed 27% so far this year, while the S&P 500 has dropped 1.4%.
Write to Imani Moise at [email protected]