Williams Cos. (WMB) Tops Q1 EPS by 7c; Offers FY22 Guidance
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Williams Reports Strong First-Quarter Results; Raises 2022 Guidance
May 2, 2022 4:15 PM EDTTULSA, Okla.--(BUSINESS WIRE)-- Williams (NYSE: WMB) today announced its unaudited financial results for the three months ended March 31, 2022.
Growth continues across key financial metrics
GAAP net income of $379 million, or $0.31 per diluted share Adjusted net income of $499 million, or $0.41 per diluted share (Adjusted EPS) up 16% and 17%, respectively, vs. 1Q 2021 Adjusted EBITDA of $1.511 billion up $96 million or 7% vs. 1Q 2021 Cash flow from operations (CFFO) of $1.082 billion up $167 million or 18% vs. 1Q 2021 Available funds from operations (AFFO) of $1.190 billion up $161 million or 16% vs. 1Q... More