Published on 28 Jul 2022 on Zacks via Yahoo Finance

Williams (WMB) to Report Q2 Earnings: What to Expect?

The Williams Companies, Inc. WMB is set to release second-quarter results on Aug 1. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of 37 cents per share on revenues of $3 billion.Let’s delve into the factors that might have influenced the oil and gas pipeline operator’s performance in the June quarter. But it’s worth taking a look at Williams’ previous-quarter results first.

Highlights of Q1 Earnings & Surprise History

In the last-reported quarter, the energy infrastructure provider beat the consensus mark on higher-than-expected contribution from the key ‘Transmission’ segment. Williams had reported adjusted earnings per share of 41 cents, beating the Zacks Consensus Estimate of 36 cents. But revenues of $2.5 billion generated by the firm came 20.9% below the consensus mark due to lower-than-expected numbers in the Northeast G&P and West units.WMB topped the Zacks Consensus Estimate by an average of 15.3% in the trailing four quarters. This is depicted in the graph below: