Evergy (EVRG) Revenue — Quarter Ended Mar 31, 2024
Revenue for the reported quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The positive direction marks a reversal from the decline seen in the prior quarter.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the reported quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The positive direction marks a reversal from the decline seen in the prior quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.3B
Revenue reported for this quarter.
Quarter-over-quarter
+10.6%
Change from the immediately preceding quarter.
Year-over-year
+2.7%
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 |
|---|---|---|
| Jun 30, 2023 | $1.3B | -2.8% |
| Sep 30, 2023 | $1.6B | -11.7% |
| Dec 31, 2023 | $1.2B | -5.8% |
| Mar 31, 2024 | $1.3B | +2.7% |
Revenue performance
The reported quarter's revenue was higher than the previous quarter, which had experienced a decline. This sequential improvement brought revenue back to the level seen two quarters ago.
Quarterly comparison
Compared to the same quarter last year, revenue also rose, continuing a pattern of moderate year-over-year growth.
What to watch
The revenue trend over recent quarters has been uneven, with alternating increases and decreases.