Q3 2024 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$938M+4.0% YoY

Gross Profit

-$127M-13.5% margin

Operating Income

-$127M-13.5% margin

Net Income

-$104M-11.1% margin

EPS (Diluted)

$-0.91

QoQ Revenue Growth

+18.0%

Cash Flow

Operating Cash Flow

$157M

Free Cash Flow

$79M

Stock-Based Comp.

Balance Sheet

Total Assets

$17.7B

Total Liabilities

$16.1B

Stockholders' Equity

$1.6B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$938M	$902M	+4.0%
Gross Profit	-$127M	$171M	-174.1%
Operating Income	-$127M	$75M	-268.5%
Net Income	-$104M	$41M	-352.8%

Revenue Segments

Electric Energy Sales, Large Light And Power

$294M31%

Electric Energy Sales, Residential

$273M29%

Electric Energy Sales, Commercial

$269M29%

Bank Interest And Dividend Income

$88M9%

Bank Fees

$13M1%

Product and Service, Other

$10M1%

Electric Energy Sales, Other

$5M0%

Other Bank Noninterest Income

$4M0%

Other Sales

$3M0%

Regulatory Revenue

-$20M-2%