Williams Cos. Q1 adjusted earnings Miss Estimates

(RTTNews) - Williams Cos. (WMB) announced a profit for first quarter that decreased from the same period last year.

The company's bottom line came in at $152 million, or $0.18 per share. This compares with $373 million, or $0.45 per share, in last year's first quarter.

Excluding items, Williams Cos. reported adjusted earnings of $159 million or $0.19 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.

Williams Cos. earnings at a glance:

-Earnings (Q1): $159 Mln. vs. $119 Mln. last year. -EPS (Q1): $0.19 vs. $0.14 last year. -Analysts Estimate: $0.22