Icahn Enterprises L.p (IEP) Q1 2017 10-Q Quarterly Earnings

Short answer

Icahn Enterprises L.p (IEP) filed its Q1 2017 10-Q quarterly report on May 9, 2017 for the quarter ended Mar 31, 2017.

AI summary of MD&A and risk factor updates

Revenue $4.677B, up $1.550B YoY from $3.127B
Net loss $160M vs $1.609B; attributable loss $18M vs $837M
Energy best segment: revenue $1.507B, up $601M, gross margin 6% vs (2)% YoY
Railcar weakest segment: manufacturing revenue down $63M, gross margin 10% vs 18%
Cash $2.018B, operating cash flow used $614M; $600M rights offering proceeds and $600M affiliate fund investment<|end|>

New regulatory risk: FRA Revised Directive required inspections and repairs for highest-mileage 15% of affected tank railcars
Most material legal update: Federal-Mogul shareholder suits added post-merger allegations, with dismissal motions pending
Compliance exposure: Railcar segment accrued $16 million for Revised Directive obligations, with additional costs unestimable
Operational risk: Investment results exposed to concentrated Hertz and Herbalife holdings, approximately 28.2% and 19.7% ownership
Financial risk: Pension plans underfunded by approximately $574 million, with controlled-group liability extending to Icahn Enterprises

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

Compare quarters, check guidance or see what insiders and funds did around the report.