Ameren (AEE) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter declined sharply compared with both the prior quarter and the same quarter a year ago. The decrease marks the lowest quarterly revenue in the trailing twelve months.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter declined sharply compared with both the prior quarter and the same quarter a year ago. The decrease marks the lowest quarterly revenue in the trailing twelve months.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
-21.5%
Change from the immediately preceding quarter.
Year-over-year
-20.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.5B
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 |
|---|---|---|
| Mar 31, 2023 | $2.1B | +9.7% |
| Jun 30, 2023 | $1.8B | +2.0% |
| Sep 30, 2023 | $2.1B | -10.7% |
| Dec 31, 2023 | $1.6B | -20.9% |
Revenue performance
Reported revenue fell from the immediately preceding quarter, continuing a pattern of quarterly declines after two consecutive quarters of growth earlier in the fiscal year.
Quarterly comparison
Compared with the same quarter one year earlier, revenue also decreased, reflecting a year-over-year contraction that was slightly less severe than the sequential drop.
What to watch
Monitor whether the revenue decline stabilizes in the upcoming quarter, given the sharp sequential and year-over-year drops.