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Williams Companies (NYSE:WMB) announces its next round of earnings this Wednesday, July 31. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
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Based on Williams Companies management projections, analysts predict EPS of 22 cents on revenue of $2.13 billion.
Williams Companies EPS in the same period a year ago totaled 17 cents. Sales were $2.09 billion. If the company were to report inline earnings when it publishes results Wednesday, earnings would be up 29.41%. Sales would be up 1.87% on a year-over-year basis. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | 0.220 | 0.24 | 0.21 | 0.18 |
| EPS Actual | 0.220 | 0.19 | 0.24 | 0.17 |
Stock Performance
Over the last 52-week period, shares are down 14.81%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Williams Companies. The strength of this rating has maintained conviction over the past three months.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.