Everest Group (EG) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter last year. The company's capital position remained above regulatory requirements.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter last year. The company's capital position remained above regulatory requirements.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4B
Revenue reported for this quarter.
Quarter-over-quarter
+9.3%
Change from the immediately preceding quarter.
Year-over-year
+29.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.2B
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 |
|---|---|---|
| Dec 31, 2022 | $3.3B | +4.3% |
| Mar 31, 2023 | $3.3B | +13.5% |
| Jun 30, 2023 | $3.7B | +28.7% |
| Sep 30, 2023 | $4B | +29.9% |
Revenue performance
Revenue rose from the prior quarter, continuing a pattern of expansion over recent periods.
Quarterly comparison
Compared to the previous quarter, revenue was higher. The year-over-year increase was more pronounced than the sequential gain.
What to watch
The company's equity base expanded substantially, and capital levels exceeded regulatory targets.