Benzinga | Oct 29, 2021 10:41AM EDT

Williams Companies's Earnings Outlook

Williams Companies (NYSE:WMB) is set to give its latest quarterly earnings report on Monday, 2021-11-01. Here's what investors need to know before the announcement.

Analysts estimate that Williams Companies will likely report an Earnings Per Share (EPS) of $0.28

Williams Companies bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company missed on EPS by -3.57%, which was followed by a 0.72% increase in the share price the next day.

Here's a look at Williams Companies's past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.28 0.29 0.31 0.27EPS Actual 0.27 0.35 0.31 0.27Price Change % 0.72% -0.77% 4.06% 1.12%

Stock Performance

Shares of Williams Companies were trading at $28.42 as of October 28. Over the last 52-week period, shares are up 51.09%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

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