Icahn Enterprises Q1 Loss Narrows - Quick Facts

(RTTNews) - Icahn Enterprises L.P. (IEP) reported that its net loss attributable to allocable to Limited partners for the first quarter 2017 narrowed to $18 million or $0.12 per unit from $820 million or $6.21 per unit in the same quarter last year.

Adjusted EBITDA attributable to Icahn Enterprises was income of $412 million compared to a loss of $70 million last year.

Adjusted EBIT attributable to Icahn Enterprises was income of $217 million compared to a loss of $249 million in the prior year. For the first quarter 2017 indicative net asset value increased by $158 million to $5.7 billion compared to $5.6 billion as of December 31, 2016.

Quarterly revenues grew to $4.68 billion from $3.13 billion in the prior year.