Williams Reports Second-Quarter 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Williams Cos. (WMB) Tops Q2 EPS by 1c
August 3, 2020 4:34 PM EDTWilliams 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
