Public Service Enterprise Group (PEG) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The company's top line showed sequential improvement after a relatively flat prior period.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The company's top line showed sequential improvement after a relatively flat prior period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.6B
Revenue reported for this quarter.
Quarter-over-quarter
+9.0%
Change from the immediately preceding quarter.
Year-over-year
+7.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.4B
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, 2023 | $2.6B | -17.0% |
| Mar 31, 2024 | $2.8B | -26.5% |
| Jun 30, 2024 | $2.4B | +0.1% |
| Sep 30, 2024 | $2.6B | +7.6% |
Revenue performance
Reported revenue rose from the immediately preceding quarter, reversing a prior period of minimal change. The year-over-year comparison also reflected growth, continuing a pattern of higher revenue versus the same quarter a year earlier.
Quarterly comparison
Compared with the prior quarter, revenue increased, marking a clear upward move after a near-flat result. Versus the same quarter one year ago, revenue was also higher, indicating sustained year-over-year expansion.
What to watch
The filing context does not provide specific drivers for the revenue change; monitor future filings for operational or market factors.