Williams Cos. (WMB) Tops Q1 EPS by 10c

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Williams Delivers Strong First-Quarter Results; Positioned to Hit Top Half of 2024 Financial Guidance Range

May 6, 2024 4:15 PM EDT

TULSA, Okla.--(BUSINESS WIRE)-- Williams (NYSE: WMB) today announced its unaudited financial results for the three months ended March 31, 2024.

Business continues to outperform; solid execution on accretive acquisitions and organic growth driving immediate returns

GAAP net income of $631 million, or $0.52 per diluted share (EPS) Adjusted net income of $719 million, or $0.59 per diluted share (Adj. EPS) up 5% vs. 1Q 2023 Adjusted EBITDA of $1.934 billion up $139 million or 8% vs. 1Q 2023 Cash flow from operations (CFFO) of $1.234 billion Available funds from operations (AFFO) of $1.507 billion up $62 million or 4%... More