PPL (PPL) Revenue — Quarter Ended Sep 30, 2023
Revenue for the recent quarter rose from the immediately preceding quarter but fell relative to the same period one year earlier. The sequential improvement reflects higher current-quarter performance, while the year-over-year decline indicates a lower revenue base compared to last year.
Key takeaway
Quarter ended Sep 30, 2023 · FY2022 Q3
Revenue for the recent quarter rose from the immediately preceding quarter but fell relative to the same period one year earlier. The sequential improvement reflects higher current-quarter performance, while the year-over-year decline indicates a lower revenue base compared to last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2B
Revenue reported for this quarter.
Quarter-over-quarter
+11.9%
Change from the immediately preceding quarter.
Year-over-year
-6.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.5B
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 | $2.2B | +48.1% |
| Mar 31, 2023 | $2.4B | +40.0% |
| Jun 30, 2023 | $1.8B | +10.4% |
| Sep 30, 2023 | $2B | -6.4% |
Revenue performance
The reported revenue increased sequentially after a drop in the previous quarter, but remained below the level of a year ago.
Quarterly comparison
Compared with the immediately preceding quarter, revenue advanced, reversing the prior decline. However, compared with the same quarter one year earlier, revenue was lower, marking a year-over-year contraction.
What to watch
Monitor the impact of evolving environmental regulations on the company's operational flexibility and generation mix.