Williams Companies Inc reports results for the quarter ended March 31 - Earnings Summary

• Williams Companies Inc WMB.N reported quarterly adjusted earnings of 57 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 59 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 56 cents per share. Wall Street expected results to range from 51 cents to 63 cents per share.

• Revenue rose 10% to $3.05 billion from a year ago; analysts expected $2.94 billion.

• Williams Companies Inc's reported EPS for the quarter was 56 cents​.

• The company reported quarterly net income of $690 million.

• Williams Companies Inc shares had risen by 0.4% this quarter and gained 10.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 6% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the oil & gas transportation services peer group is also "buy"

• Wall Street's median 12-month price target for Williams Companies Inc is $62.00

This summary was machine generated from LSEG data May 5 at 09:50 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)