How did Eversource's revenue and expenses trend in Q4 2024 compared to previous quarters?


Aime
Eversource's revenue and expenses in Q4 2024 showed a significant increase compared to the previous quarter, Q3 202412:
- Revenue Trend: The company's total revenue for Q4 2024 was $11.9 billion, which is a substantial increase from the $8.93 billion reported in Q3 2024. This indicates a strong revenue growth during the period, potentially due to increased business activities or market conditions.
- Expense Trend: The total expenses for Q4 2024 are not provided, but considering the overall financial picture, it's important to note that expenses are an essential component of managing financial health. Eversource's ability to generate revenue in excess of expenses in Q4 2024 would be a positive sign, indicating profitability for the period.
- Quarterly Comparison: When comparing Q4 2024 to the preceding quarters, Q3 and Q2 2024, the revenue figures show a clear upward trend. Q2 2024's revenue was $5.87 billion, and Q1 2024's was $3.33 billion, both significantly lower than the $11.9 billion reported for Q4 2024. This suggests that the company's revenue generation capacity increased notably from the earlier part of the year to Q4 2024.
In summary, Eversource experienced a robust increase in revenue in Q4 2024, which is a positive indicator for the company's financial performance during the period. The exact expenses for Q4 2024 are not available, but the company's ability to exceed revenue over expenses would be a strong point for the quarter.
Source:
1.
ES Revenue (FY), Expenses (FY) in Q4 2024
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