Skip to main content

Williams Cos.: Q4 Earnings Snapshot

TULSA, Okla. (AP) — TULSA, Okla. (AP) — Williams Cos. (WMB) on Tuesday reported fourth-quarter net income of $733 million.

On a per-share basis, the Tulsa, Oklahoma-based company said it had profit of 60 cents. Earnings, adjusted for non-recurring gains, came to 55 cents per share.

The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.

The pipeline operator posted revenue of $3.2 billion in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $3.14 billion.

For the year, the company reported profit of $2.62 billion, or $2.14 per share. Revenue was reported as $11.95 billion.

Williams Cos. expects full-year earnings in the range of $2.20 to $2.38 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WMB at https://www.zacks.com/ap/WMB

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related Stories

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary