Williams (WMB) Q4 Earnings and Sales Outpace Estimates

Williams Companies, Inc. (WMB) reported fourth-quarter 2023 adjusted earnings per share of 48 cents, which beat the Zacks Consensus Estimate of 47 cents. The outperformance was due to stronger-than-anticipated performance of the Transmission & Gulf of Mexico and Northeast G&P segments. However, the bottom line declined from the year-ago period’s level of 53 cents, due to lower-than-expected contributions from two major segments — Gas & NGL Marketing Services and West — during the reported quarter.Williams’ ...