What Can We Expect From Williams Companies Q2 2024 Earnings?

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Save the date! Monday 5th August 2024, is when Williams Companies (NYSE: WMB) will be sharing its eagerly awaited second quarter financial results. Investors and analysts will be able to gain valuable insights into the company’s financial performance as the announcement is scheduled after market close.

The latest projections from financial analysts on Wall Street suggest that the concern is likely to reveal an estimated $0.38 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $2.43 billion for the period.

Wall Street analysts have shared their forecasts for the company’s annual performance, predicting a total revenue of $10.51 billion. Additionally, they expect the company to post profit of $1.84 per share for the fiscal year.

The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $0.42. This was a direct result of the company’s total revenue, which amounted to an impressive $2.48 billion during that specific period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Q1 2024 $0.59 +5.4% 2.77 B -10.1%
Q4 2023 $0.48 -9.4% 2.78 B -5.0%
Q3 2023 $0.45 -6.3% 2.56 B -15.3%
Q2 2023 $0.42 +5.0% 2.48 B -0.3%

*Growth on year-over-year basis

WMB has scheduled a conference call on 6th August 2024 at 09:30 AM eastern time to discuss the second quarter financial results and other related information.

Williams Companies (NYSE: WMB) observed a 2.56 percent fall during the regular trading session on Friday 2nd August 2024, with its shares trading at $42.01. A trading volume of 3.27 million shares were witnessed. The shares has traded in a range of $41.68 to $43.04 up to this point. WMB had closed proceding day trading at $43.11.