Williams Companies Q2 Adj $0.43 Beats $0.38 Estimate, Sales $2.34B Miss $2.43B Estimate
Portfolio Pulse from Benzinga Newsdesk
Williams Companies (NYSE:WMB) reported Q2 earnings of $0.43 per share, beating the analyst estimate of $0.38. However, sales of $2.34 billion missed the $2.43 billion estimate.
August 05, 2024 | 8:16 pm
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Williams Companies reported Q2 earnings of $0.43 per share, beating the analyst estimate of $0.38. However, sales of $2.34 billion missed the $2.43 billion estimate.
The earnings beat is a positive sign, indicating better-than-expected profitability. However, the miss on sales and the year-over-year decline in revenue could offset the positive sentiment, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100