Public Service Enterprise Group (PEG) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The company reported higher revenue sequentially and year over year.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The company reported higher revenue sequentially and year over year.
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
+1.4%
Change from the immediately preceding quarter.
Year-over-year
+8.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$11.8B
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 | $3.1B | +2.7% |
| Mar 31, 2023 | $3.8B | +62.3% |
| Jun 30, 2023 | $2.4B | +16.6% |
| Sep 30, 2023 | $2.5B | +8.1% |
Revenue performance
The reported revenue reflects a positive direction, with growth from the prior quarter and from the year-ago period.
Quarterly comparison
Compared to the preceding quarter, revenue rose modestly, and compared to the same quarter last year, revenue showed a stronger increase.
What to watch
Monitor the company's ability to maintain revenue growth given the forward-looking statements and risk factors discussed in the filing.