Public Service Enterprise Group (PEG) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter declined compared to both the prior quarter and the same quarter last year. The decrease reflects a continuation of the downward trend observed in the most recent quarter of the fiscal year.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter declined compared to both the prior quarter and the same quarter last year. The decrease reflects a continuation of the downward trend observed in the most recent quarter of the fiscal 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
-6.7%
Change from the immediately preceding quarter.
Year-over-year
-5.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.3B
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 |
|---|---|---|
| Mar 31, 2024 | $2.8B | -26.5% |
| Jun 30, 2024 | $2.4B | +0.1% |
| Sep 30, 2024 | $2.6B | +7.6% |
| Dec 31, 2024 | $2.5B | -5.4% |
Revenue performance
Reported revenue moved lower, marking a decline from the immediately preceding quarter. The year-over-year comparison also showed a decrease relative to the same period one year earlier.
Quarterly comparison
Compared with the prior quarter, revenue decreased, and it was also lower than the same quarter a year ago. The sequential decline followed a gain in the previous quarter, while the annual comparison extended the pattern of year-over-year contraction seen in the prior year's final quarter.
What to watch
Monitor whether the sequential revenue decline persists into the next quarter or stabilizes.