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Icahn Enterprises shares the full details from their earnings call for the second quarter of 2026.

ResultsRead the original at Benzinga
Bad for IEP

Icahn Enterprises' estimated asset value fell $765 million in Q2, mainly from losses in its funds and CVI. The Pep Boys sale, stronger energy results, and a July rise help, but the quarterly losses and weaker results in several businesses weigh more.

IEP · Icahn Enterprises

AI read · Bad for IEP

The AI's read

The losses in the funds and CVI drove the drop, and several other businesses also reported weaker results. The Pep Boys sale and stronger energy results help, but do not undo the quarter's losses. July's increase is encouraging, but came after Q2, and the funds fell again that month.

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