CenterPoint Energy (CNP) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter decreased compared to the immediately preceding period. It showed a slight increase relative to the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter decreased compared to the immediately preceding period. It showed a slight increase relative to the same quarter one year earlier.
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
-26.5%
Change from the immediately preceding quarter.
Year-over-year
+1.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.5B
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 |
|---|---|---|
| Sep 30, 2023 | $1.9B | -2.2% |
| Dec 31, 2023 | $2.1B | -20.9% |
| Mar 31, 2024 | $2.6B | -6.0% |
| Jun 30, 2024 | $1.9B | +1.8% |
Revenue performance
The reported revenue moved downward from the prior quarter, continuing a pattern of sequential declines seen in recent periods.
Quarterly comparison
Compared with the immediately preceding quarter, revenue declined. However, compared with the same quarter one year earlier, revenue rose modestly.
What to watch
The negative sequential performance may warrant attention if the downward pattern persists.