Targa Resources Corp. Analyst EPS Estimates
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|---|---|---|---|
| Q1 2024 | 3 | $1.31 | $1.31 | $1.31 |
| Q2 2024 | 2 | $1.25 | $1.31 | $1.28 |
| Q3 2024 | 3 | $1.54 | $1.59 | $1.56 |
| Q4 2024 | 9 | $1.76 | $1.99 | $1.88 |
| Q1 2025 | 6 | $1.83 | $1.98 | $1.88 |
| Q2 2025 | 5 | $1.49 | $2.21 | $1.80 |
| Q3 2025 | 5 | $1.62 | $2.40 | $1.96 |
| Q4 2025 | 5 | $1.84 | $2.73 | $2.23 |
| Q1 2026 | 2 | $1.50 | $2.22 | $1.82 |
| Q2 2026 | 2 | $1.39 | $2.07 | $1.69 |
| Q3 2026 | 2 | $1.53 | $2.27 | $1.86 |
| Q4 2026 | 2 | $1.92 | $2.85 | $2.33 |
| Q1 2027 | 2 | $1.80 | $2.67 | $2.18 |
| Q2 2027 | 2 | $1.76 | $2.61 | $2.13 |
| Q3 2027 | 2 | $1.83 | $2.72 | $2.22 |
| Q4 2027 | 2 | $1.83 | $2.72 | $2.22 |
Targa Resources Corp. Earnings Date And Information
Targa Resources Corp. last posted its earnings results on Tuesday, November 5th, 2024. The company reported $1.75 earnings per share for the quarter, topping analysts' consensus estimates of $1.56 by $0.19. The company had revenue of 3.85 B for the quarter and had revenue of 16.06 B for the year. Targa Resources Corp. has generated $4 earnings per share over the last year ($3.66 diluted earnings per share) and currently has a price-to-earnings ratio of 33.06. Targa Resources Corp. has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, February 20th, 2025 based on prior year's report dates.
Targa Resources Corp. Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Reported EPS | Beat/Miss | Revenue Estimate | Actual Revenue |
|---|---|---|---|---|---|---|
| 11/05/2024 | Q3 2024 | $1.56 | $1.76 | 0.2 | $4.06 B | $3.85 B |
| 08/01/2024 | Q2 2024 | $1.27 | $1.34 | 0.07 | $4.47 B | $3.62 B |
| 05/02/2024 | Q1 2024 | $1.30 | $1.23 | -0.07 | $4.60 B | |
| 02/15/2024 | Q4 2023 | $1.46 | $1.25 | -0.21 | $4.23 B | |
| 11/02/2023 | Q3 2023 | $1.20 | $0.97 | -0.23 | $4.54 B | $3.90 B |
| 08/03/2023 | Q2 2023 | $1.24 | $1.44 | 0.2 | $4.36 B | $3.40 B |
| 05/04/2023 | Q1 2023 | $1.43 | $2.20 | 0.77 | $4.52 B | |
| 02/22/2023 | Q4 2022 | $1.38 | $1.41 | 0.03 | $4.55 B | |
| 11/03/2022 | Q3 2022 | $1.23 | $1.23 | 0 | $6.71 B | $5.36 B |
| 08/04/2022 | Q2 2022 | $1.06 | $2.62 | 1.56 | $5.75 B | $6.06 B |
| 05/05/2022 | Q1 2022 | $0.89 | $0.74 | -0.15 | $4.96 B | |
| 02/24/2022 | Q4 2021 | $0.65 | -$1.37 | -2.02 | $5.44 B | |
| 11/04/2021 | Q3 2021 | $0.53 | $0.70 | 0.17 | $3.75 B | $4.46 B |
| 08/05/2021 | Q2 2021 | $0.27 | $0.15 | -0.12 | $3.12 B | $3.42 B |
| 05/06/2021 | Q1 2021 | $0.17 | $0.54 | 0.37 | $3.63 B | |
| 02/18/2021 | Q4 2020 | $0.25 | $1.15 | 0.9 | $2.57 B | |
| 11/05/2020 | Q3 2020 | $0.10 | $0.16 | 0.06 | $1.98 B | $2.12 B |
| 08/06/2020 | Q2 2020 | -$0.24 | $0.21 | 0.45 | $1.57 B | $1.52 B |
| 05/07/2020 | Q1 2020 | -$0.10 | -$7.46 | -7.36 | $2.05 B | |
| 02/20/2020 | Q4 2019 | -$0.07 | -$0.48 | -0.41 | $2.47 B |
Targa Resources Corp. Earnings: Frequently Asked Questions
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When is Targa Resources Corp.'s earnings date?
Targa Resources Corp. has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, February 20th, 2025 based off last year's report dates.
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Did Targa Resources Corp. beat their earnings estimates last quarter?
In the previous quarter, Targa Resources Corp. (:TRGP) reported $1.75 earnings per share (EPS) to beat the analysts' consensus estimate of $1.56 by $0.19.
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How can I listen to Targa Resources Corp.'s earnings conference call?
The conference call for Targa Resources Corp.'s latest earnings report can be listened to online.
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How can I read Targa Resources Corp.'s conference call transcript?
The conference call transcript for Targa Resources Corp.'s latest earnings report can be read online.
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How much revenue does Targa Resources Corp. generate each year?
Targa Resources Corp. (:TRGP) has a recorded annual revenue of $16.06 B.
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How much profit does Targa Resources Corp. generate each year?
Targa Resources Corp. (:TRGP) has a recorded net income of $16.06 B. Targa Resources Corp. has generated $3.69 earnings per share over the last four quarters.
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What is Targa Resources Corp.'s price-to-earnings ratio?
Targa Resources Corp. (:TRGP) has a price-to-earnings ratio of 33.06 and price/earnings-to-growth ratio is 1.98.
