Icahn Enterprises Q2 Profit Declines - Quick Facts

(RTTNews) - Icahn Enterprises L.P. (IEP) reported second-quarter net income attributable to the company allocable to Limited partners was $208 million or $1.68 per LP unit, compared to $489 million or $4.06 per LP unit in the prior year.

Adjusted income per LP unit for the latest second quarter was $1.68 compared to $4.32 in the prior year.

Revenues for the quarter dropped to $3.98 billion from $4.87 billion in the prior year.

On July 30, 2015, the Board of Directors of the general partner of Icahn Enterprises declared a quarterly distribution in the amount of $1.50 per depositary unit. The quarterly distribution is payable in either cash or additional depositary units, at the election of each depositary unit holder and will be paid on or about September 28, 2015 to depositary unit holders of record at the close of business on August 17, 2015.