Williams Partners Q4 Profit Declines - Quick Facts

(RTTNews) - Williams Partners L.P. (WPZ) Wednesday reported fourth-quarter net income of $211 million or $0.12 per unit, compared to $291 million or $0.42 per unit last year.

Analysts polled by Thomson Reuters expected the company to earn $0.39 per share for the quarter. Analysts estimates typically exclude one-time items.

Williams Partners recently announced that it increased its quarterly cash distribution to unitholders to $0.8925 per unit, a 7.9-percent increase over the prior year amount. It is also a 1.7-percent increase over the partnership's third-quarter 2013 distribution of $0.8775 per unit.