Icahn Enterprises L.P. (IEP) Q1 2022 Earnings Call Transcript

For the period ending March 31, 2022

May 6, 2022 10:00 a.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good morning, and welcome to the Icahn Enterprises L.P. First Quarter 2022 Earnings Call with Rob Flint, Director of Accounting; David Willetts, President and CEO; and Ted Papapostolou, Chief Financial Officer.

I would now like to hand the call over to Rob Flint, who will read the opening statement.

Rob Flint

Thank you, operator. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements we make in this presentation, including statements regarding our future performance and plans for our businesses and potential acquisitions. Forward-looking statements may be identified by words such as expects, anticipates, intends, plans, believes, seeks, estimates, will or words of similar meaning and include, but are not limited to, statements about the expected future business and financial performance of Icahn Enterprises and its subsidiaries.

Actual events, results and outcomes may differ materially from our expectations due to a variety of known and unknown risks, uncertainties and other factors that are discussed in our filings with the Securities and Exchange Commission, including economic, competitive, legal and other factors; including the severity, magnitude and duration of the COVID-19 pandemic and its impact on the global economy, financial markets and industries in which our subsidiaries operate; the impacts from the Russia-Ukraine conflict, including economic volatility and the impacts of export controls and other economic sanctions. Accordingly, there is no assurance that our expectations will be realized.

We assume no obligation to update or revise any forward-looking statements should circumstances change, except as otherwise required by law. The presentation also includes certain non-GAAP financial measures. A reconciliation of such non-GAAP financial measures to the most directly comparable GAAP financial measures can be found in the back of this presentation.

I'll now turn it over to David Willetts, our Chief Executive Officer.

David Willetts

Thank you, Rob, and good morning, and welcome to the First Quarter 2022 Icahn Enterprises Earnings Call. Joining me on today's call is Ted Papapostolou, our Chief Financial Officer. Together we'll provide an overview of the first quarter results and then be available for questions.

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