The Williams Companies, Inc. (WMB) earnings on August 3, 2026
More The Williams Companies, Inc. earnings
Prior outlook: Pessimistic Outcome: Partial
Williams Companies stock seesawed after earnings, falling 3% before rallying to up 3% and closing up 1.5%. Some analysts who bet against the stock were caught off guard after it had dropped significantly before the results came out.
WMB price around the earnings
71.51
Change: +1.5%
2026-08-04, 20:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Partial
- Thesis published
- Results released
Analyst strong buy ($84 PT, +19% upside) contradicted by weak 25% beat rate, negative trend strength, and insider selling. Trajectory after a strong recent drop into event.
Context analyzed before publication
- Trend
- Collapsed from -19.2 to -85.1 pre-event, signaling pessimistic conditions after a strong recent drop despite analyst conviction.
Analysts
Evidence
- Analyst consensus
- Strong buy
- Consensus average (1-5)
- 1.48
- Analysts covering the stock
- 22
- Average price target
- 83.77
- Lowest price target
- 67
- Highest price target
- 99
- Upside to price target
- 19%
- Quarterly earnings growth
- 25.2%
- Revenue growth
- 9%
- Forward EPS
- 2.56
- Trailing EPS
- 2.28
- Analyst moves in the last 60 days
- 4
- Strong buy: 5
- Buy: 15
- Hold: 3
- Sell: 0
- Strong sell: 0
- Strong buy
- 5
- Buy
- 15
- Hold
- 3
- Sell
- 0
- Strong sell
- 0
- July 14, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
- July 8, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
- July 1, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
- July 1, 2026 · Jefferies: Maintains rating (Buy → Buy)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- High
- Normalized volume
- 99%
News
Sources (4)
- Tyson Foods, Marriott And 3 Stocks To Watch Heading Into Monday (opens in a new tab) — Benzinga
- This Senator Just Sold Up To $28.36M In Williams Companies Stock (opens in a new tab) — Benzinga
- Morgan Stanley Maintains Overweight on Williams Companies, Raises Price Target to $99 (opens in a new tab) — Benzinga
- Barclays Maintains Equal-Weight on Williams Companies, Raises Price Target to $75 (opens in a new tab) — Benzinga
Technicals
Evidence
- Price when the context was analyzed
- 71.57
- Average true range (ATR)
- 2.5%
- Distance to 52-week high
- -10.7%
- 14-day change (14d)
- -2.5%
- 30-day change (30d)
- -1.7%
- 30-day relative strength
- -1.8%
- SPY change (30d)
- +0.1%
- Nearest support
- 71.09
- Distance to nearest support
- 0.7%
- Nearest resistance
- 71.77
- Distance to nearest resistance
- 0.3%
- Volume accumulation ratio (14d / 46d)
- 1.01
- Mid: 71.09 (0.7% away, 0.27 ATR, 22 touches)
- Mid: 70.68 (1.2% away, 0.49 ATR, 27 touches)
- Mid: 70.14 (2% away, 0.79 ATR, 14 touches)
- Major: 71.77 (0.3% away, 0.11 ATR, 26 touches)
- Minor: 72.17 (0.8% away, 0.33 ATR, 7 touches)
- Major: 72.85 (1.8% away, 0.71 ATR, 51 touches)
Trends
Evidence
- Average earnings surprise
- +0.9%
- May 4, 2026: actual EPS 0.73 vs estimate 0.63 (surprise +16.4%)
- February 10, 2026: actual EPS 0.55 vs estimate 0.56 (surprise -1.4%)
- November 3, 2025: actual EPS 0.49 vs estimate 0.52 (surprise -5.3%)
- August 4, 2025: actual EPS 0.46 vs estimate 0.49 (surprise -6.0%)
Expected move
- Implied move
- +2.6%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 2.1%
- 75th percentile move
- 2.9%
- 90th percentile move
- 3.8%
- Up / down moves
- 12 / 8
- Average up move
- +1.9%
- Average down move
- -2.2%
Monitoring and close
What The Williams Companies, Inc. reported
- Status
- Finished
| Actual EPS | 0.5 |
|---|---|
| EPS estimate | 0.51 |
| EPS surprise | -2.0% |
| Revenue | $3,053 million |
| Revenue estimate | $2,795 million |
| Revenue surprise | +9.2% |
Williams Companies reported adjusted earnings of $0.50 per share, missing estimates, but revenue beat. Market sentiment remains optimistic for the energy sector.
Sources (2)
- Williams Companies reported adjusted earnings of $0.50 per share, missing the $0.51 estimate. Revenue beat expectations, coming in at $3.053 billion versus the $2.795 billion forecast. — Benzinga
- Williams Companies Q2 Adj. EPS $0.50 Misses $0.51 Estimate, Sales $3.053B Beat $2.795B Estimate (opens in a new tab) — Benzinga
Pre-market second reading after the results
- Verdict
- Missed expectations
Heading into the open, results beat expectations on revenue but not on earnings, and the price is indicating -0.3% pre-market, a move below the stock's usual reaction (about 2%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.
How the stock reacted
- Outcome
- Partial
- Consolidated
- +1.5%
- Max favorable move (MFE)
- 3%
- Max adverse move (MAE)
- 3.2%