Williams Companies' Q3 Earnings Beat Estimates, Sales Rise Y/Y
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Williams Companies reported better-than-expected Q3 earnings and a year-over-year increase in sales. The company projects its adjusted EBITDA for 2024 to be between $7 billion and $7.15 billion, with growth capital expenditures ranging from $1.45 billion to $1.75 billion.
November 11, 2024 | 1:00 pm
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Williams Companies reported Q3 earnings that exceeded expectations and showed a year-over-year sales increase. The company forecasts its 2024 adjusted EBITDA to be between $7 billion and $7.15 billion, with growth capital expenditures projected to be between $1.45 billion and $1.75 billion.
The better-than-expected Q3 earnings and positive sales growth are likely to boost investor confidence in Williams Companies. The projected EBITDA and capital expenditures for 2024 indicate a strong outlook, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100