Consolidated Edison (ED) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter advanced compared to the prior quarter and the same quarter a year ago. The increase was consistent with the trend seen in recent periods.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the quarter advanced compared to the prior quarter and the same quarter a year ago. The increase was consistent with the trend seen in recent periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.2B
Revenue reported for this quarter.
Quarter-over-quarter
+6.8%
Change from the immediately preceding quarter.
Year-over-year
+6.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.7B
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 |
|---|---|---|
| Jun 30, 2022 | $3.4B | +14.6% |
| Sep 30, 2022 | $4.2B | +13.7% |
| Dec 31, 2022 | $4B | +21.8% |
| Mar 31, 2023 | $4.2B | +6.8% |
Revenue performance
Reported revenue rose from the immediately preceding quarter and from the same quarter one year earlier.
Quarterly comparison
Both the sequential quarter and the year-ago quarter comparisons showed an increase in revenue.
What to watch
The filing highlights forward-looking statements and regulatory risks that could affect future results.