Back to top

Image: Bigstock

Stay Ahead of the Game With The Williams Companies (WMB) Q1 Earnings: Wall Street's Insights on Key Metrics

Read MoreHide Full Article

In its upcoming report, Williams Companies, Inc. (The) (WMB - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.65 per share, reflecting an increase of 8.3% compared to the same period last year. Revenues are forecasted to be $3.34 billion, representing a year-over-year increase of 9.7%.

Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

In light of this perspective, let's dive into the average estimates of certain The Williams Companies metrics that are commonly tracked and forecasted by Wall Street analysts.

According to the collective judgment of analysts, 'Northeast G&P - Gathering volumes' should come in at 4 billions of cubic feet per day. The estimate is in contrast to the year-ago figure of 4 billions of cubic feet per day.

The combined assessment of analysts suggests that 'West - NGL equity sales' will likely reach 7.21 thousands of barrels of oil per day. The estimate compares to the year-ago value of 6.00 thousands of barrels of oil per day.

Analysts expect 'West - Gathering volumes' to come in at 7 billions of cubic feet per day. The estimate compares to the year-ago value of 6 billions of cubic feet per day.

The collective assessment of analysts points to an estimated 'Adjusted EBITDA- Other' of $70.72 million. Compared to the current estimate, the company reported $104.00 million in the same quarter of the previous year.

Analysts forecast 'Adjusted EBITDA- Northeast G&P' to reach $513.24 million. The estimate compares to the year-ago value of $514.00 million.

It is projected by analysts that the 'Adjusted EBITDA- Transmission, Power & Gulf' will reach $1.02 billion. Compared to the present estimate, the company reported $862.00 million in the same quarter last year.

The consensus among analysts is that 'Adjusted EBITDA- Gas & NGL Marketing Services' will reach $149.61 million. Compared to the current estimate, the company reported $155.00 million in the same quarter of the previous year.

Analysts' assessment points toward 'Adjusted EBITDA- West' reaching $388.51 million. The estimate compares to the year-ago value of $354.00 million.

The average prediction of analysts places 'Modified EBITDA- Transmission, Power & Gulf' at $1.04 billion. The estimate is in contrast to the year-ago figure of $858.00 million.

The consensus estimate for 'Modified EBITDA- West' stands at $389.26 million. Compared to the present estimate, the company reported $354.00 million in the same quarter last year.

Based on the collective assessment of analysts, 'Modified EBITDA- Northeast G&P' should arrive at $512.86 million. The estimate is in contrast to the year-ago figure of $514.00 million.

View all Key Company Metrics for The Williams Companies here>>>

The Williams Companies shares have witnessed a change of +2.1% in the past month, in contrast to the Zacks S&P 500 composite's +12.2% move. With a Zacks Rank #3 (Hold), WMB is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Zacks' 7 Best Strong Buy Stocks (New Research Report)

Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.

Click Here, It's Really Free

Published in