Evergy (EVRG) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter increased compared to the immediately preceding quarter and also increased compared to the same quarter one year ago. The sequential growth was accompanied by a stronger year-over-year gain.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the quarter increased compared to the immediately preceding quarter and also increased compared to the same quarter one year ago. The sequential growth was accompanied by a stronger year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.2B
Revenue reported for this quarter.
Quarter-over-quarter
+1.5%
Change from the immediately preceding quarter.
Year-over-year
+6.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.7B
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, 2022 | $1.3B | +11.5% |
| Sep 30, 2022 | $1.8B | +16.9% |
| Dec 31, 2022 | $1.2B | +13.9% |
| Mar 31, 2023 | $1.2B | +6.8% |
Revenue performance
The reported revenue rose from the prior quarter and from the comparable period a year earlier, reflecting a positive operating performance.
Quarterly comparison
The year-over-year increase was more pronounced than the sequential increase, indicating a stronger comparison with the prior year.
What to watch
The company’s forward-looking statements caution that actual results may differ materially due to risks and uncertainties.