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Compared to Estimates, Williams Companies, Inc. (The) (WMB) Q3 Earnings: A Look at Key Metrics
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For the quarter ended September 2023, Williams Companies, Inc. (The) (WMB - Free Report) reported revenue of $2.56 billion, down 15.3% over the same period last year. EPS came in at $0.45, compared to $0.48 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $2.57 billion, representing a surprise of -0.33%. The company delivered an EPS surprise of +12.50%, with the consensus EPS estimate being $0.40.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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.
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:
Northeast G&P - Gathering volumes: 4.41 Bcf/D compared to the 4.47 Bcf/D average estimate based on two analysts.
West - NGL equity sales: 22 millions of barrels of oil per day compared to the 10.39 millions of barrels of oil per day average estimate based on two analysts.
West - NGL production: 61 millions of barrels of oil per day compared to the 33.94 millions of barrels of oil per day average estimate based on two analysts.
West - Gathering volumes: 5.6 Bcf/D versus the two-analyst average estimate of 6.53 Bcf/D.
Adjusted EBITDA- Other: $82 million versus $55.53 million estimated by three analysts on average.
Adjusted EBITDA- Northeast G&P: $485 million versus $475.13 million estimated by three analysts on average.
Adjusted EBITDA- Transmission and Gulf of Mexico: $754 million compared to the $654.74 million average estimate based on three analysts.
Adjusted EBITDA- West: $315 million compared to the $281.67 million average estimate based on three analysts.
Modified EBITDA- Northeast G&P: $454 million versus the two-analyst average estimate of $462.70 million.
Modified EBITDA- Transmission and Gulf of Mexico: $881 million compared to the $644.32 million average estimate based on two analysts.
Modified EBITDA- West: $315 million compared to the $261.29 million average estimate based on two analysts.
Adjusted EBITDA- Gas & NGL Marketing Services: $16 million compared to the $6 million average estimate based on two analysts.
Shares of Williams Companies, Inc. (The) have returned +4.3% over the past month versus the Zacks S&P 500 composite's -2.2% 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.
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Compared to Estimates, Williams Companies, Inc. (The) (WMB) Q3 Earnings: A Look at Key Metrics
For the quarter ended September 2023, Williams Companies, Inc. (The) (WMB - Free Report) reported revenue of $2.56 billion, down 15.3% over the same period last year. EPS came in at $0.45, compared to $0.48 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $2.57 billion, representing a surprise of -0.33%. The company delivered an EPS surprise of +12.50%, with the consensus EPS estimate being $0.40.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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.
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:
- Northeast G&P - Gathering volumes: 4.41 Bcf/D compared to the 4.47 Bcf/D average estimate based on two analysts.
- West - NGL equity sales: 22 millions of barrels of oil per day compared to the 10.39 millions of barrels of oil per day average estimate based on two analysts.
- West - NGL production: 61 millions of barrels of oil per day compared to the 33.94 millions of barrels of oil per day average estimate based on two analysts.
- West - Gathering volumes: 5.6 Bcf/D versus the two-analyst average estimate of 6.53 Bcf/D.
- Adjusted EBITDA- Other: $82 million versus $55.53 million estimated by three analysts on average.
- Adjusted EBITDA- Northeast G&P: $485 million versus $475.13 million estimated by three analysts on average.
- Adjusted EBITDA- Transmission and Gulf of Mexico: $754 million compared to the $654.74 million average estimate based on three analysts.
- Adjusted EBITDA- West: $315 million compared to the $281.67 million average estimate based on three analysts.
- Modified EBITDA- Northeast G&P: $454 million versus the two-analyst average estimate of $462.70 million.
- Modified EBITDA- Transmission and Gulf of Mexico: $881 million compared to the $644.32 million average estimate based on two analysts.
- Modified EBITDA- West: $315 million compared to the $261.29 million average estimate based on two analysts.
- Adjusted EBITDA- Gas & NGL Marketing Services: $16 million compared to the $6 million average estimate based on two analysts.
View all Key Company Metrics for Williams Companies, Inc. (The) here>>>Shares of Williams Companies, Inc. (The) have returned +4.3% over the past month versus the Zacks S&P 500 composite's -2.2% 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.