Williams Reports Second-Quarter 2020 Financial Results

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Williams Cos. (WMB) Tops Q2 EPS by 1c

August 3, 2020 4:34 PM EDT

Williams Cos. (NYSE: WMB) reported Q2 EPS of $0.25, $0.01 better than the analyst estimate of $0.24. Revenue for the quarter came in at $1.78 billion versus the consensus estimate of $1.79 billion.

Strong 2Q 2020 results demonstrate stability and predictability of business; on track to meet 2020 guidance expectations

Net income of $303 million, resulting in net income of $0.25 per diluted share (EPS)Adjusted EBITDA of $1.24 billion for the quarter and $2.502 billion year to date, up slightly for the yearExcluding non-cash deferred revenue step down, 2Q 20 Adjusted EBITDA is up $31 million or 2.5%Cash flow from operations... More