Edison International (EIX) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter decreased compared to both the immediate prior quarter and the same quarter a year earlier. The decline reflects a continued downward trend in recent periods.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter decreased compared to both the immediate prior quarter and the same quarter a year earlier. The decline reflects a continued downward trend in recent periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.7B
Revenue reported for this quarter.
Quarter-over-quarter
-21.2%
Change from the immediately preceding quarter.
Year-over-year
-7.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.3B
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 |
|---|---|---|
| Mar 31, 2023 | $4B | -0.1% |
| Jun 30, 2023 | $4B | -1.1% |
| Sep 30, 2023 | $4.7B | -10.1% |
| Dec 31, 2023 | $3.7B | -7.7% |
Revenue performance
The reported revenue was lower than the preceding quarter, marking a significant sequential drop. Trailing twelve-month revenue also came in below the prior year's level.
Quarterly comparison
Sequentially, revenue fell sharply from the previous quarter, and compared to the same quarter one year ago, revenue was also lower.
What to watch
Regulatory proceedings and capital investment plans may influence future revenue performance.