Ameren (AEE) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased from the immediately preceding quarter but decreased compared to the same quarter one year earlier. The sequential gain contrasted with the annual decline, resulting in a mixed performance.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased from the immediately preceding quarter but decreased compared to the same quarter one year earlier. The sequential gain contrasted with the annual decline, resulting in a mixed performance.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
+17.0%
Change from the immediately preceding quarter.
Year-over-year
-10.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $2B | +32.4% |
| Mar 31, 2023 | $2.1B | +9.7% |
| Jun 30, 2023 | $1.8B | +2.0% |
| Sep 30, 2023 | $2.1B | -10.7% |
Revenue performance
Revenue for the quarter was higher than the prior quarter, reflecting a sequential improvement. On a year-over-year basis, however, revenue was lower.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose. Compared to the same quarter one year earlier, revenue fell.
What to watch
The contrasting movement between sequential growth and year-over-year decline is a notable trend to monitor.