Icahn Enterprises L.p (IEP) Q2 2015 10-Q Quarterly Earnings

Short answer

Icahn Enterprises L.p (IEP) filed its Q2 2015 10-Q quarterly report on Aug 6, 2015 for the quarter ended Jun 30, 2015.

AI summary of MD&A and risk factor updates

Quarterly revenue $4,984 million, down $1,395 million YoY from $6,379 million
Automotive revenue $2,044 million, up $199 million YoY; gross margin 15% vs 16%
Energy petroleum revenue $1.5 billion vs $2.5 billion; refining margin per barrel $19.12 vs $15.22
Metals worst segment: revenue down $85 million, gross margin -7% vs -2%
Cash $2,154 million; capital expenditures $695 million and acquisitions $786 million in first-half 2015
Headwinds: railcar energy demand uncertain; 2015 RIN costs estimated at $110 million to $150 million

Newly added risk: Ferrous Resources acquisition, completed June 8 and June 26, 2015, created Brazilian mining exposure
Regulatory risk: Federal-Mogul’s planned Motorparts spin-off remained deferred pending integration and required IRS tax treatment
Market risk: Fertilizer reporting unit fair value was only 1% above carrying value, risking impairment if forecast sales growth falters
Financial risk: Written put-option maximum payouts increased to $6.8 billion from $2.5 billion at December 31, 2014
Liquidity risk: Cash and cash equivalents declined to $2,154 million from $2,912 million at December 31, 2014

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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