QQQ   419.93 (-0.82%)
AAPL   165.30 (-1.04%)
MSFT   402.41 (-0.46%)
META   489.00 (-2.55%)
GOOGL   154.77 (-0.79%)
AMZN   176.72 (-1.39%)
TSLA   150.27 (+0.23%)
NVDA   821.94 (-2.93%)
AMD   151.60 (-2.24%)
NIO   3.87 (-3.25%)
BABA   68.80 (-0.12%)
T   16.37 (+0.24%)
F   12.12 (+0.50%)
MU   109.22 (-2.42%)
GE   151.72 (-0.80%)
CGC   7.69 (-1.79%)
DIS   112.14 (-0.26%)
AMC   3.18 (+8.90%)
PFE   25.65 (+1.02%)
PYPL   62.22 (+0.19%)
XOM   120.52 (+1.69%)
QQQ   419.93 (-0.82%)
AAPL   165.30 (-1.04%)
MSFT   402.41 (-0.46%)
META   489.00 (-2.55%)
GOOGL   154.77 (-0.79%)
AMZN   176.72 (-1.39%)
TSLA   150.27 (+0.23%)
NVDA   821.94 (-2.93%)
AMD   151.60 (-2.24%)
NIO   3.87 (-3.25%)
BABA   68.80 (-0.12%)
T   16.37 (+0.24%)
F   12.12 (+0.50%)
MU   109.22 (-2.42%)
GE   151.72 (-0.80%)
CGC   7.69 (-1.79%)
DIS   112.14 (-0.26%)
AMC   3.18 (+8.90%)
PFE   25.65 (+1.02%)
PYPL   62.22 (+0.19%)
XOM   120.52 (+1.69%)
QQQ   419.93 (-0.82%)
AAPL   165.30 (-1.04%)
MSFT   402.41 (-0.46%)
META   489.00 (-2.55%)
GOOGL   154.77 (-0.79%)
AMZN   176.72 (-1.39%)
TSLA   150.27 (+0.23%)
NVDA   821.94 (-2.93%)
AMD   151.60 (-2.24%)
NIO   3.87 (-3.25%)
BABA   68.80 (-0.12%)
T   16.37 (+0.24%)
F   12.12 (+0.50%)
MU   109.22 (-2.42%)
GE   151.72 (-0.80%)
CGC   7.69 (-1.79%)
DIS   112.14 (-0.26%)
AMC   3.18 (+8.90%)
PFE   25.65 (+1.02%)
PYPL   62.22 (+0.19%)
XOM   120.52 (+1.69%)
QQQ   419.93 (-0.82%)
AAPL   165.30 (-1.04%)
MSFT   402.41 (-0.46%)
META   489.00 (-2.55%)
GOOGL   154.77 (-0.79%)
AMZN   176.72 (-1.39%)
TSLA   150.27 (+0.23%)
NVDA   821.94 (-2.93%)
AMD   151.60 (-2.24%)
NIO   3.87 (-3.25%)
BABA   68.80 (-0.12%)
T   16.37 (+0.24%)
F   12.12 (+0.50%)
MU   109.22 (-2.42%)
GE   151.72 (-0.80%)
CGC   7.69 (-1.79%)
DIS   112.14 (-0.26%)
AMC   3.18 (+8.90%)
PFE   25.65 (+1.02%)
PYPL   62.22 (+0.19%)
XOM   120.52 (+1.69%)
Free Trial

Targa Resources (TRGP) Earnings Date, Estimates & Call Transcripts

→ Biden’s $374B Giveaway Into This Sector (From DTI) (Ad)
Free TRGP Stock Alerts
$113.64
+1.86 (+1.66%)
(As of 10:51 AM ET)
Compare
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Earnings Summary

Upcoming
Earnings Date
May. 2
Before Market Opens
Confirmed
Actual EPS
(Feb. 15)
$1.23 Missed By -$0.26
Consensus EPS
(Feb. 15)
$1.49
Skip Charts & View Estimated and Actual Earnings Data
Earnings Per ShareRevenue

TRGP Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

TRGP Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Targa Resources Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20243$1.29$1.60$1.40
Q2 20243$1.12$1.35$1.21
Q3 20243$1.26$1.44$1.34
Q4 20243$1.44$1.73$1.55
FY 202412$5.11$6.12$5.51
Q1 20251$1.43$1.43$1.43
Q2 20251$1.37$1.37$1.37
Q3 20251$1.45$1.45$1.45
Q4 20251$1.63$1.63$1.63
FY 20254$5.88$5.88$5.88

TRGP Earnings Date and Information

Targa Resources last issued its earnings data on February 15th, 2024. The pipeline company reported $1.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.49 by $0.26. The firm earned $4.24 billion during the quarter, compared to analyst estimates of $4.50 billion. Targa Resources has generated $3.67 earnings per share over the last year ($3.67 diluted earnings per share) and currently has a price-to-earnings ratio of 31.0. Earnings for Targa Resources are expected to grow by 18.89% in the coming year, from $5.77 to $6.86 per share. Targa Resources has confirmed that its next quarterly earnings report will be published on Thursday, May 2nd, 2024. Targa Resources will be holding an earnings conference call on Thursday, May 2nd at 11:00 AM Eastern. Interested parties can register for or listen to the call..

Targa Resources Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/2/2024
Confirmed)		-------  
2/15/2024Q4 2023$1.49$1.23($0.26)$1.23$4.50 billion$4.24 billion
11/2/2023Q3 2023$1.17$0.97($0.20)$0.97$5.13 billion$3.90 billion
8/3/2023Q2 2023$1.23$1.44+$0.21$1.44$4.56 billion$3.40 billion
5/4/2023Q1 2023$1.43$0.03($1.40)$0.03$5.72 billion$4.52 billion
2/22/2023Q4 2022$1.29$1.38+$0.09$1.38$5.38 billion$4.55 billion
11/3/2022Q3 2022$1.23$0.84($0.39)$0.84$6.96 billion$5.36 billion
8/4/2022Q2 2022$1.06$1.61+$0.55$1.61$5.88 billion$6.06 billion
5/5/2022Q1 2022$0.89$0.06($0.83)$0.06$6.07 billion$4.96 billion    
2/24/2022Q4 2021$0.65$0.51($0.14)$2.47$4.88 billion$5.44 billion
11/4/2021Q3 2021$0.41$0.66+$0.25$0.66$3.61 billion$4.46 billion
8/5/2021Q2 2021$0.29$0.15($0.14)$0.15$3.36 billion$3.42 billion
5/6/2021Q1 2021$0.15$0.53+$0.38$0.53$2.62 billion$3.63 billion  

Targa Resources Earnings - Frequently Asked Questions

When is Targa Resources's earnings date?

Targa Resources has confirmed that its next quarterly earnings data will be published on Thursday, May 2nd, 2024. Learn more on TRGP's earnings history.

Did Targa Resources beat their earnings estimates last quarter?

In the previous quarter, Targa Resources (NYSE:TRGP) missed the analysts' consensus estimate of $1.49 by $0.26 with a reported earnings per share (EPS) of $1.23. Learn more on analysts' earnings estimate vs. TRGP's actual earnings.

How much revenue does Targa Resources generate each year?

Targa Resources (NYSE:TRGP) has a recorded annual revenue of $16.06 billion.

How much profit does Targa Resources generate each year?

Targa Resources (NYSE:TRGP) has a recorded net income of $828.20 million. TRGP has generated $3.67 earnings per share over the last four quarters.

What is Targa Resources's price-to-earnings ratio?

Targa Resources (NYSE:TRGP) has a trailing price-to-earnings ratio of 30.97 and a forward price-to-earnings ratio of 19.70.

What is Targa Resources's EPS forecast for next year?

Targa Resources's earnings are expected to grow from $5.77 per share to $6.86 per share in the next year, which is a 18.89% increase.


More Earnings Resources from MarketBeat

Related Companies:
Earnings Tools:
Earnings By Country:
Latest Articles:
This page (NYSE:TRGP) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners
Healthcare Takes A Big Step Forward With The Help Of AI
The Bull Report
The Best AI Stock to Own in the World Today is Trading for Just $25
Banyan Hill Publishing
The “Perfect Storm” for Gold
Gold Safe Exchange
Biden’s $374B Giveaway Into This Sector
DTI
Your Money is Not Safe
American Alternative
The #1 Crypto for 2024
InvestorPlace
He Is Giving Away Bitcoin
Crypto Swap Profits
The "Smart Money" Is Ready for May 1st Are You?
Stansberry Research