PPL (PPL) Revenue — Quarter Ended Jun 30, 2023
Revenue in the reporting quarter declined compared to the preceding quarter. Despite this sequential decrease, revenue remained higher than the same period a year earlier.
Key takeaway
Quarter ended Jun 30, 2023 · FY2022 Q3
Revenue in the reporting quarter declined compared to the preceding quarter. Despite this sequential decrease, revenue remained higher than the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
-25.6%
Change from the immediately preceding quarter.
Year-over-year
+10.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.7B
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 |
|---|---|---|
| Sep 30, 2022 | $2.2B | +42.6% |
| Dec 31, 2022 | $2.2B | +48.1% |
| Mar 31, 2023 | $2.4B | +40.0% |
| Jun 30, 2023 | $1.8B | +10.4% |
Revenue performance
The reported revenue for the quarter is lower than the immediately preceding quarter. The filing context does not provide specific reasons for the change.
Quarterly comparison
Compared to the same quarter one year earlier, revenue increased. In contrast, revenue declined relative to the prior quarter.
What to watch
Monitor how environmental regulatory developments, such as the Good Neighbor Plan, may influence future operational costs and revenue stability.