Entergy (ETR) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter increased from the immediately preceding quarter but declined compared to the same quarter one year earlier. The filing context includes a discussion of risk factors and an increase in the debt to capital ratio.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter increased from the immediately preceding quarter but declined compared to the same quarter one year earlier. The filing context includes a discussion of risk factors and an increase in the debt to capital ratio.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.8B
Revenue reported for this quarter.
Quarter-over-quarter
+2.6%
Change from the immediately preceding quarter.
Year-over-year
-6.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$12B
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 | $2.8B | -16.2% |
| Sep 30, 2023 | $3.6B | -14.8% |
| Dec 31, 2023 | $2.7B | -16.7% |
| Mar 31, 2024 | $2.8B | -6.3% |
Revenue performance
Revenue rose from the prior quarter, reversing the decline seen in the previous period.
Quarterly comparison
Compared with the preceding quarter, revenue was higher. However, when measured against the same quarter a year earlier, revenue was lower.
What to watch
The filing notes an increase in the company's debt to capital ratio, which may be a point to monitor.