Williams reports Q3 adjusted EPS 43c, consensus 42c

Reports Q3 revenue $2.65B, consensus $2.48B. Alan Armstrong, president and chief executive officer, made the following comments: “Williams (WMB) delivered another quarter of impressive financial results, with Adjusted EBITDA hitting a third quarter record of $1.7 billion, up 3 percent over third quarter 2023, driven primarily by our natural gas transmission expansions and Gulf Coast storage acquisition. We’ve exceeded financial expectations each quarter this year, and our crisp execution along with our core business strength gives us the confidence to raise our 2024 Adjusted EBITDA guidance midpoint by $125 million to $7.075 billion.”