Icahn Enterprises(US:IEP)2020-11-06 17:20Financial Performance Overview - Icahn Enterprises reported a Net Loss attributable of $714 million for Q3 2020, translating to a loss of $3.14 per depositary unit[3] - For the nine months ended September 30, 2020, the Net Loss attributable to Icahn Enterprises was $1.799 billion[4] - Revenues for the three months ended September 30, 2020, were $722 million, a significant decrease compared to $2.320 billion for the same period in 2019[4] - Revenues for the nine months ended September 30, 2020, were $3.371 billion, also lower than the $6.371 billion reported for the same period in 2019[4] Segment Performance - The Investment segment experienced a return of -11.8% for Q3 2020[7] - The Energy segment's net sales for Q3 2020 were $1.005 billion, down from $1.622 billion in Q3 2019[11] - The Automotive segment's net sales and other revenue from operations decreased to $660 million in Q3 2020 from $744 million in Q3 2019[15] - The Food Packaging segment saw an increase in net sales to $105 million in Q3 2020, compared to $98 million in Q3 2019[19] - The Metals segment's net sales increased slightly to $83 million in Q3 2020 from $82 million in Q3 2019[21] - The Home Fashion segment's net sales increased to $53 million in Q3 2020 from $51 million in Q3 2019[28] Liquidity - As of September 30, 2020, Icahn Enterprises had total liquidity of $6.496 billion, including $1.087 billion in Holding Company Cash & Cash Equivalents, $4.043 billion in Holding Company Investment in Investment Funds, and $775 million in Subsidiaries Cash & Cash Equivalents[30]