Eversource Energy (ES) Revenue — Quarter Ended Jun 30, 2024
Revenue decreased for the quarter compared to the prior quarter and the same quarter last year. This marks a continuation of the downward trend observed over recent quarters.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue decreased for the quarter compared to the prior quarter and the same quarter last year. This marks a continuation of the downward trend observed over recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.5B
Revenue reported for this quarter.
Quarter-over-quarter
-24.0%
Change from the immediately preceding quarter.
Year-over-year
-3.6%
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 |
|---|---|---|
| Sep 30, 2023 | $2.8B | -13.2% |
| Dec 31, 2023 | $2.7B | -11.1% |
| Mar 31, 2024 | $3.3B | -12.2% |
| Jun 30, 2024 | $2.5B | -3.6% |
Revenue performance
The reported revenue was lower than the immediately preceding quarter, reflecting a sequential decline. Compared to the same period a year ago, revenue also decreased.
Quarterly comparison
Revenue fell from the previous quarter and was also down relative to the same quarter in the prior year, indicating both sequential and year-over-year declines.
What to watch
Investors may monitor whether revenue can stabilize in the coming quarters.