Williams Companies (NYSE: WMB ) is expected to report Q3 earnings on Oct. 30. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Williams Companies's revenues will decrease -25.5% and EPS will wither -32.5%.
The average estimate for revenue is $2.01 billion. On the bottom line, the average EPS estimate is $0.27.
Last quarter, Williams Companies booked revenue of $1.85 billion. GAAP reported sales were 7.0% lower than the prior-year quarter's $1.98 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.22. GAAP EPS of $0.21 for Q2 were 45% lower than the prior-year quarter's $0.38 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 26.9%, 260 basis points worse than the prior-year quarter. Operating margin was 19.0%, 420 basis points worse than the prior-year quarter. Net margin was 7.2%, 420 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $7.90 billion. The average EPS estimate is $1.19.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 520 members out of 542 rating the stock outperform, and 22 members rating it underperform. Among 123 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 117 give Williams Companies a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Williams Companies is outperform, with an average price target of $36.31.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Williams Companies. Learn how to maximize your investment income and get "The 3 DOW Stocks Dividend Investors Need." Click here for instant access to this free report.
- Add Williams Companies to My Watchlist.