Company Performance - Williams Companies reported quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.49 per share, but showing an increase from $0.43 per share a year ago, resulting in an earnings surprise of -6.12% [1] - The company posted revenues of $2.78 billion for the quarter ended June 2025, missing the Zacks Consensus Estimate by 9.07%, compared to $2.34 billion in the same quarter last year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates three times, but has only topped consensus revenue estimates once [2] Stock Performance - Williams Companies shares have increased approximately 11.4% since the beginning of the year, outperforming the S&P 500's gain of 6.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.51 on revenues of $3.18 billion, and for the current fiscal year, it is $2.10 on revenues of $12.59 billion [7] Industry Outlook - The Oil and Gas - Production and Pipelines industry is currently ranked in the top 24% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]