Evergy (EVRG) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased compared to the immediate prior quarter. However, it decreased when measured against the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased compared to the immediate prior quarter. However, it decreased when measured against the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
+24.6%
Change from the immediately preceding quarter.
Year-over-year
-11.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.4B
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 |
|---|---|---|
| Dec 31, 2022 | $1.2B | +13.9% |
| Mar 31, 2023 | $1.2B | +6.8% |
| Jun 30, 2023 | $1.3B | -2.8% |
| Sep 30, 2023 | $1.6B | -11.7% |
Revenue performance
The reported revenue direction is upward relative to the preceding quarter, reversing the downward trend seen in the prior sequential period.
Quarterly comparison
Sequentially, revenue rose from the immediately preceding quarter. On a year-over-year basis, revenue was lower than the same quarter one year ago, continuing a pattern of annual decline.
What to watch
Monitor whether the sequential revenue improvement can sustain amid the ongoing year-over-year contraction.