American Electric Power (AEP) Revenue — Quarter Ended Jun 30, 2024
Revenue decreased from the previous quarter but increased compared to the same quarter last year.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue decreased from the previous quarter but increased compared to the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.7B
Revenue reported for this quarter.
Quarter-over-quarter
-8.4%
Change from the immediately preceding quarter.
Year-over-year
+6.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.1B
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 |
|---|---|---|
| Sep 30, 2023 | $5.3B | -3.3% |
| Dec 31, 2023 | $5.1B | +9.0% |
| Mar 31, 2024 | $5.1B | +8.4% |
| Jun 30, 2024 | $4.7B | +6.5% |
Revenue performance
The sequential decline represents a drop from the immediately preceding quarter.
Quarterly comparison
Year-over-year, revenue showed a gain versus the same period one year earlier.
What to watch
Monitor whether the sequential revenue decline continues in upcoming quarters.