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Williams beats first quarter profit estimates, says CEO to step down

ReutersMay 5, 2025 8:21 PM

- U.S. pipeline operator Williams WMB.N beat first-quarter profit estimates on Monday, and said Alan Armstrong will step down as the chief executive officer, effective July 1.

The company posted an adjusted profit of 60 cents per share for the quarter ended March 31, compared with average analysts' estimate of 56 cents per share, according to data compiled by LSEG.

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