Williams Reports First-Quarter 2020 Financial Results
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Williams Cos. (WMB) Reports In-Line Q1 EPS, Revenues Miss
May 4, 2020 4:33 PM EDTWilliams Cos. (NYSE: WMB) reported Q1 EPS of $0.26, in-line with the analyst estimate of $0.26. Revenue for the quarter came in at $1.91 billion versus the consensus estimate of $2.13 billion.
Strong Fee-Revenue Drives 1Q 2020 Results
Net loss of $518 million, resulting in net loss of $0.43 per diluted share (EPS), which includes net non-cash impairment impact of $824 million, or $0.68 per diluted share, with improved business performance being offset by non-cash impairmentsEPS of $0.26 per diluted share, excluding primarily non-cash impairment charges10% increase in DCF to $861 million4% increase in Adjusted EBITDA to $1.26... More