Eversource Energy (ES) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter increased compared to the prior quarter. The figure was higher than the same period one year earlier.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter increased compared to the prior quarter. The figure was higher than the same period one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.3B
Revenue reported for this quarter.
Quarter-over-quarter
+23.7%
Change from the immediately preceding quarter.
Year-over-year
-12.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$11.4B
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, 2023 | $2.6B | +2.2% |
| Sep 30, 2023 | $2.8B | -13.2% |
| Dec 31, 2023 | $2.7B | -11.1% |
| Mar 31, 2024 | $3.3B | -12.2% |
Revenue performance
The reported revenue rose relative to the immediately preceding quarter, continuing a positive direction.
Quarterly comparison
Compared with the same quarter one year ago, revenue was higher. The sequential comparison also showed an increase from the prior quarter.
What to watch
The filing context provides limited discussion on revenue drivers; no specific factors were cited beyond balance sheet items.