expects to meet or exceed Wall Street's projections for 2001, citing the growth in its energy business and expanded earnings capacity in marketing and trading.
Williams expects to earn $1.26 a share for the entire company in 2001. The company projected earnings of $1.73 a share when only the results from its energy operations are calculated. Analysts polled by
First Call/Thomson Financial
are calling for Williams to earn $1.26 for the year. Wall Street expects the company to earn $1.35 in 2000, up from the 48 cents Williams earned in the year-ago period.
The forecast doesn't include the impact of the possible spinoff of
, which is still being evaluated.
Shares of Williams, an energy and communications company based in Tulsa, Okla., slipped $1.25, or 3.3%, to $36.69 in recent
New York Stock Exchange