CenterPoint Energy (CNP) Revenue — Quarter Ended Jun 30, 2023
Revenue decreased in the current quarter compared to both the prior quarter and the same quarter last year. The drop reflects a notable decline in reported top-line results.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue decreased in the current quarter compared to both the prior quarter and the same quarter last year. The drop reflects a notable decline in reported top-line results.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.9B
Revenue reported for this quarter.
Quarter-over-quarter
-32.2%
Change from the immediately preceding quarter.
Year-over-year
-4.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.2B
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, 2022 | $1.9B | +9.5% |
| Dec 31, 2022 | $2.7B | +18.3% |
| Mar 31, 2023 | $2.8B | -1.0% |
| Jun 30, 2023 | $1.9B | -4.4% |
Revenue performance
The reported revenue for the quarter was lower than the preceding quarter, continuing a downward trend from the previous period.
Quarterly comparison
Compared to the immediately preceding quarter, revenue fell sharply. Versus the same quarter one year earlier, revenue also declined, though by a smaller margin.
What to watch
The filing context does not provide specific reasons for the revenue changes, so no additional context is available for this quarter.