Williams Reports Third-Quarter 2020 Financial Results

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Go back to Williams Reports Third-Quarter 2020 Financial Results

Williams Cos. (WMB) Reports In-Line Q3 EPS, Revenues Bat

November 2, 2020 4:17 PM EST

Williams Cos. (NYSE: WMB) reported Q3 EPS of $0.27, in-line with the analyst estimate of $0.27. Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $1.75 billion.

Strong 3Q 2020 results demonstrate stability and predictability of business; on track to meet 2020 guidance expectations

Net income of $308 million ($0.25 per diluted share), up $88 million over 3Q 19Adjusted EPS of $0.27 per diluted shareAdjusted EBITDA of $1.267 billionYear-to-date Adjusted EBITDA of $3.769 billion, continues to exceed year-to-date 2019Debt-to-Adjusted EBITDA leverage ratio of 4.42x, on track to be below 2020 guidance of 4.4x by year... More