Shares of The Williams Companies, Inc. (NYSE:WMB) fell $-0.42 during today’s regular trading session, a -1.39% decrease from the previous closing price of $30.28. The company’s shares traded on stronger-than-usual volume today: $7M shares changed hands while the stock’s average volume is 6.72M shares per day. The Williams Companies, Inc. (WMB) has declined $0.95, or -3.08%, in the last 30 days. This year-to-date, the company’s shares have decreased $1.28, or -4.11%. Over the last 12 months, WMB’s stock price has risen $8.61, or +40.52%. The company’s 52-week range is $19.60 to $32.69.

The Williams Companies, Inc. (WMB) Earnings Surprises

The Williams Companies, Inc. announced its recent quarter financial results after the market close on 03/05/2017, crushing consensus estimates with both its revenue and earnings. The Williams Companies, Inc. posted net revenue of 1.99B, beating Wall Street analysts who had forecast $1.9B. The company reported EPS of $0.28, above the consensus estimate calling for EPS of $0.21 – a positive surprise of 31.95%.

Before that, quarter ending December 2016, The Williams Companies, Inc. also surprised analysts by beating the consensus estimate. The Wall Street forecast had projected $0.18 per share, and the company reported EPS of $-0.02 – also a 110.91% positive surprise. Revenue during the period amounted to $2.2B, while analysts were anticipating $1.85B.

In the quarter ending September 2016, The Williams Companies, Inc. delivered smaller earnings beat. Analysts, on average, were expecting $0.19 per share, and the company reported EPS of $0.20 – amounting to a positive surprise of 3.47%. Revenue during that quarter was posted at $1.91B, whereas the consensus estimate was predicting $1.73B.

The company is scheduled to announce its next quarterly financial results on 07/08/2017 after the market close. The average EPS estimate of 6 Wall Street analysts is $0.18 per share, compared to the company’s reported EPS of $-0.54 per share in the year-ago quarter. Analysts are forecasting The Williams Companies, Inc. to report revenue of about $1.82B, versus the $1.74B posted last year.

The Williams Companies, Inc. (WMB) Consensus Estimates and Price Target

The company’s consensus rating is currently Strong Buy, with 7 analysts rating it a Strong Buy, and 5 analysts rating it with a Hold. The average 12-month price target, as forecast by analysts, is $33.28, 11.45% higher than the company’s closing price today.