Utilities
Utilities - Regulated Electric
$41.34B
12.5K
Key insights and themes extracted from this filing
Operating revenues for the three months ended June 30, 2024, were $2,423 million, which is essentially the same as the $2,421 million reported for the same period in 2023. This indicates a lack of growth in revenue generation.
Net income for the three months ended June 30, 2024, was $434 million, a substantial decrease compared to the $591 million reported for the same period in 2023. This represents a negative trend in profitability.
Operating income for the three months ended June 30, 2024, was $582 million, a decrease from the $794 million reported for the same period in 2023. This decline indicates a weakening in core operational profitability.