Advertisement
Singapore markets closed

  • Straits Times Index

    3,426.47
    -3.98 (-0.12%)
     

  • Nikkei

    37,667.41
    -202.10 (-0.53%)
     

  • Hang Seng

    17,021.31
    +16.34 (+0.10%)
     

  • FTSE 100

    8,285.71
    +99.36 (+1.21%)
     

  • Bitcoin USD

    68,009.23
    +993.79 (+1.48%)
     

  • CMC Crypto 200

    1,372.40
    +41.80 (+3.14%)
     

  • S&P 500

    5,459.10
    +59.88 (+1.11%)
     

  • Dow

    40,589.34
    +654.27 (+1.64%)
     

  • Nasdaq

    17,357.88
    +176.16 (+1.03%)
     

  • Gold

    2,385.70
    +32.20 (+1.37%)
     

  • Crude Oil

    76.44
    -1.84 (-2.35%)
     

  • 10-Yr Bond

    4.2000
    -0.0560 (-1.32%)
     

  • FTSE Bursa Malaysia

    1,612.88
    -2.30 (-0.14%)
     

  • Jakarta Composite Index

    7,288.17
    +47.89 (+0.66%)
     

  • PSE Index

    6,726.01
    +55.74 (+0.84%)
     

Williams Companies, Inc. (The) (WMB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Zacks Equity Research
·2-min read

For the quarter ended March 2023, Williams Companies, Inc. (The) (WMB) reported revenue of $3.08 billion, up 22.1% over the same period last year. EPS came in at $0.56, compared to $0.41 in the year-ago quarter.

The reported revenue represents a surprise of +8.30% over the Zacks Consensus Estimate of $2.84 billion. With the consensus EPS estimate being $0.46, the EPS surprise was +21.74%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Williams Companies, Inc. (The) performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Adjusted EBITDA- Other: $80 million versus $113.29 million estimated by four analysts on average.

  • Adjusted EBITDA- West: $286 million versus $324.93 million estimated by four analysts on average.

  • Adjusted EBITDA- Transmission and Gulf of Mexico: $728 million versus $722.36 million estimated by four analysts on average.

  • Adjusted EBITDA- Northeast G&P: $470 million compared to the $453.07 million average estimate based on four analysts.

View all Key Company Metrics for Williams Companies, Inc. (The) here>>>

Shares of Williams Companies, Inc. (The) have returned -1.3% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Williams Companies, Inc. (The) (WMB) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research