Investing.com - Williams (NYSE:WMB) reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.26 on revenue of $2.00B. Analysts polled by Investing.com expected EPS of $0.25 on revenue of $2.07B. That compared to EPS of $0.13 on revenue of $2.3B in the same period a year earlier. The company had reported EPS of $0.26 on revenue of $2.04B in the previous quarter.
Williams shares gained 0.52% to trade at $22.99 in after-hours trade following the report.
Williams shares gained 0.52% to trade at $22.99 in after-hours trade following the report.
For the year, Williams shares are up 3.72%, under-performing the S&P 500 which is up 23% year to date.
Williams follows other major Energy sector earnings this month
On Wednesday, Total ADR reported third quarter EPS of $1.13 on revenue of $42.54B, compared to forecasts of EPS of $1.04 on revenue of $45.27B.
BP ADR earnings beat analyst's expectations on Tuesday, with third quarter EPS of $0.66 on revenue of $69.29B. Investing.com analysts expected EPS of $0.59 on revenue of $64.16B
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