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The Williams Companies, Inc. WMB is set to release fourth-quarter results on Feb. Williams had reported adjusted earnings per share of 43 cents, beating the Zacks Consensus Estimate by a penny.
WMB beat the Zacks Consensus Estimate for earnings in each of the last four quarters, resulting in an earnings surprise of 8. This is depicted in the graph below:. Williams Companies, Inc. The price-eps-surprise Williams Companies, Inc. The Quote. The Zacks Consensus Estimate for the fourth-quarter bottom line has remained unchanged in the past seven days.
The estimated figure indicates a 6. The Zacks Consensus Estimate for revenues, however, suggests a 3. The number suggests a The bullish view is based on an estimated increase in service revenues. But on a bearish note, higher costs might have played spoilsport. This trend is likely to have continued in the to-be-reported quarter thanks to project-related costs and inflationary pressure. The proven Zacks model does not conclusively show that The Williams Companies is likely to beat estimates in the fourth quarter.
While an earnings beat looks uncertain for WMB, here are some firms from the energy space that you may want to consider on the basis of our model:.
The firm is scheduled to release earnings on Feb. It has a trailing four-quarter earnings surprise of roughly To read this article on Zacks.