The Williams Companies, Inc. (NYSE:WMB) is reporting third quarter financial results on Monday 2nd November 2020, after market close.
According to analysts surveyed by Thomson Reuters, WMB is expected to report 3Q20 income of $ 0.27 per share from revenue of $ 1750.64 million.
For the full year, analysts anticipate top line of $ 7353.61 million, while looking forward to income of $ 0.74 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 0.95 ~ $ 1.20 per share
Click Here For More Historical Outlooks Of The Williams Companies, Inc.
Previous Quarter Performance
The Williams Companies, Inc. unveiled income for the second quarter of $ 0.25 per share, from the revenue of $ 1,781.00 million. The quarterly earnings dropped 3.85 percent while revenues down 12.74 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.24 per share from $ 1785.22 million in revenue. The bottom line results beat street analysts by $ 0.01 or 4.17 percent, at the same time, top line results fell short of analysts by $ 4.22 million or 0.24 percent.
Stock Performance
On Friday, shares of The Williams Companies, Inc. has traded high as $ 19.21 and has cracked $ 18.61 on the downward trend, reaching $ 19.19 with volume of 8.93 million shares.
According to the previous trading day, closing price of $ 19.19, representing a 127.11 % increase from the 52 week low of $ 8.41 and a 20.98 % decrease over the 52 week high of $ 24.17.
The company has a market capital of $ 23.29 billion and is part of the Energy sector and Oil & Gas Midstream industry.
Recent Analyst recommendations
- On 15th October 2020, downgraded by Goldman Sachs Group to Neutral from Buy rating.
Recent Stock Dividend Announcement
On July 29, 2020, the board of directors authorized quarterly dividend of $ 0.40 per share to holders of record as of the close of business on September 11, 2020, with payment date of September 28, 2020 and ex-dividend date on September 10, 2020.
The Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States. The companys Northeast G&P segment engages in the natural gas gathering, compression, and processing business, as well as natural gas liquids (NGL) fractionation business in the Marcellus and Utica Shale regions in Pennsylvania, West Virginia, New York, and Ohio.
