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Williams Cos. Q2 adjusted earnings Beat Estimates

Williams Cos. (WMB) reported earnings for its second quarter that increased from the same period last year.

The company's bottom line came in at $310 million, or $0.26 per share. This compares with $135 million, or $0.16 per share, in last year's second quarter.

Excluding items, Williams Cos. reported adjusted earnings of $313 million or $0.26 per share for the period.

Analysts had expected the company to earn $0.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 2.4% to $2.04 billion from $2.09 billion last year.

Williams Cos. earnings at a glance:

-Earnings (Q2): $313 Mln. vs. $143 Mln. last year.
-EPS (Q2): $0.26 vs. $0.17 last year.
-Analysts Estimate: $0.22
-Revenue (Q2): $2.04 Bln vs. $2.09 Bln last year.

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