Williams Companies Inc (WMB) Q2 2024: Everything You Need to Know Ahead of Earnings

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Williams Companies Inc (WMB, Financial) is set to release its Q2 2024 earnings on Aug 6, 2024. The consensus estimate for Q2 2024 revenue is $2,428.41 million, and the earnings are expected to come in at $0.38 per share. The full year 2024's revenue is expected to be $10.51 billion and the earnings are expected to be $1.81 per share. More detailed estimate data can be found on the Estimates page.

Williams Companies Inc (WMB, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Williams Companies Inc (WMB) for the full year 2024 have increased from $10.50 billion to $10.51 billion, and for 2025 from $11.52 billion to $11.57 billion. Earnings estimates have declined for the full year 2024 from $1.86 per share to $1.81 per share, and for 2025 from $2.10 per share to $2.08 per share.

Williams Companies Inc (WMB, Financial) Reported History

In the previous quarter of March 31, 2024, Williams Companies Inc's (WMB) actual revenue was $2.77 billion, which beat analysts' revenue expectations of $2.69 billion by 3.12%. Williams Companies Inc's (WMB) actual earnings were $0.52 per share, which beat analysts' earnings expectations of $0.487 per share by 6.78%. After releasing the results, Williams Companies Inc (WMB) was up by 0.13% in one day.

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Williams Companies Inc (WMB, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 18 analysts, the average target price for Williams Companies Inc (WMB) is $44.12 with a high estimate of $51 and a low estimate of $37. The average target implies an upside of 4.55% from the current price of $42.20.

Based on GuruFocus estimates, the estimated GF Value for Williams Companies Inc (WMB, Financial) in one year is $33.73, suggesting a downside of -20.07% from the current price of $42.20.

Based on the consensus recommendation from 22 brokerage firms, Williams Companies Inc's (WMB, Financial) average brokerage recommendation is currently 2.4, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.