Icahn Enterprises Tops Q3 Earnings in General Industrial Machinery Sector

Icahn Enterprises (NASDAQ:IEP) reported Q3 revenues of $2.51 billion, down 9.9% YoY, exceeding analysts' expectations by 4.3%. Columbus McKinnon (NASDAQ:CMCO) reported revenues of $261 million, up 7.7% YoY, outperforming analysts' expectations by 8.5%. Despite strong earnings results, both stocks are down, with Icahn Enterprises down 1.5% and Columbus McKinnon down 4% since reporting.