Advertisement
Canada markets closed

  • S&P/TSX

    21,807.37
    +98.93 (+0.46%)
     

  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     

  • DOW

    37,986.40
    +211.02 (+0.56%)
     

  • CAD/USD

    0.7275
    +0.0012 (+0.16%)
     

  • CRUDE OIL

    83.24
    +0.51 (+0.62%)
     

  • Bitcoin CAD

    88,978.92
    +1,234.20 (+1.41%)
     

  • CMC Crypto 200

    1,371.97
    +59.35 (+4.52%)
     

  • GOLD FUTURES

    2,406.70
    +8.70 (+0.36%)
     

  • RUSSELL 2000

    1,947.66
    +4.70 (+0.24%)
     

  • 10-Yr Bond

    4.6150
    -0.0320 (-0.69%)
     

  • NASDAQ

    15,282.01
    -319.49 (-2.05%)
     

  • VOLATILITY

    18.71
    +0.71 (+3.94%)
     

  • FTSE

    7,895.85
    +18.80 (+0.24%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • CAD/EUR

    0.6824
    +0.0003 (+0.04%)
     

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.

ADVERTISEMENT

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