2023-08-02 16:18:51 ET
- Williams press release ( NYSE: WMB ): Q2 Non-GAAP EPS of $0.42 beats by $0.04 .
- Revenue of $2.48B (-0.4% Y/Y) misses by $180M .
- 2023 Outlook: The company continues to expect 2023 Adjusted EBITDA between $6.4 billion and $6.8 billion with 2023 growth capex between $1.6 billion to $1.9 billion. Importantly, Williams anticipates a leverage ratio midpoint of 3.65x, which will allow it to retain financial flexibility. The dividend was increased by 5.3% on an annualized basis to $1.79 in 2023 from $1.70 in 2022.
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Williams Non-GAAP EPS of $0.42 beats by $0.04, revenue of $2.48B misses by $180M