Targa Resources (TRGP) Earnings Date, Estimates & Call Transcripts $176.79 +4.26 (+2.47%) (As of 12/20/2024 05:31 PM ET) Add Compare Share Share Earnings Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Targa Resources Latest Earnings SummaryActual EPS (Nov. 5) $1.75 Beat By $0.17 Consensus EPS (Nov. 5) $1.58 Targa Resources announced Q3 2024 earnings on November 5, 2024, reporting an EPS of $1.75, which topped analysts' consensus estimates of $1.58 by $0.17. Quarterly revenue was reported to be $3.85 billion, below analyst estimates of $4.24 billion. With a trailing EPS of $5.53 and a P/E Ratio of 31.97, Targa Resources' earnings are expected to grow 28.75% next year, from $6.26 to $8.06 per share. Conference CallConference Call TranscriptEarnings Press ReleaseEarnings Slide DeckPowered by Get Targa Resources Earnings Alerts Want to stay updated on the latest earnings announcements and upcoming reports? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Targa Resources and other key companies, straight to your inbox. Enter your email to sign up for newsletter Sign Up Skip Charts & View Estimated and Actual Earnings DataTRGP Earnings Estimates and Actuals by QuarterEarnings Estimates and Acutals by Quarter Chart DescriptionThe 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 QuarterEstimated Revenue and Actual Revenue by Quarter Chart DescriptionThe 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 EstimatesQuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateQ1 20243$1.34$1.60$1.44Q2 20243$1.28$1.35$1.32Q3 20243$1.52$1.65$1.59Q4 20243$1.78$1.97$1.88FY 202412$5.92$6.57$6.23Q1 20251$1.94$1.94$1.94Q2 20251$1.87$1.87$1.87Q3 20251$1.97$1.97$1.97Q4 20251$2.17$2.17$2.17FY 20254$7.95$7.95$7.95 Targa Resources Earnings History by Quarter Custom Range 3 Months 6 Months Year-to-Date 1 Year 2 Years 3 Years 5 Years 10 Years Time Frame * Start Date * End Date Export to Excel DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails11/5/2024Q3 2024$1.58$1.75+$0.17$1.75$4.24B$3.85B8/1/2024Q2 2024$1.21$1.33+$0.12$1.33$4.33B$3.56B5/2/2024Q1 2024$1.35$1.22 -$0.13$1.22$4.28B$4.56B2/15/2024Q4 2023$1.49$1.23 -$0.26$1.23$4.50B$4.24B11/2/2023Q3 2023$1.17$0.97 -$0.20$0.97$5.13B$3.90B8/3/2023Q2 2023$1.23$1.44+$0.21$1.44$4.56B$3.40BVladimir Lenin was right… (Ad)The Magnificent 7 could be in for a world of pain… And the insiders know it. It’s why Jeff Bezos just sold $3 billion of Amazon… it’s why Nvidia’s CEO just sold $713 million... and it’s why Zuckerberg just sold $1.3 billion in Meta stock. The financial establishment doesn’t want you to know about this… but a controversial new documentary just pulled back the curtain and exposed what’s really going on. It’s called The Final Frontier.Including the name of the #1 company to buy.5/4/2023Q1 2023$1.43$0.03 -$1.40$0.03$5.72B$4.52B2/22/2023Q4 2022$1.29$1.38+$0.09$1.38$5.38B$4.55B Targa Resources Earnings - Frequently Asked Questions When did Targa Resources announce their last quarterly earnings? Targa Resources (NYSE:TRGP) last announced its quarterly earning data on Tuesday, November 5, 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) reported $1.75 earnings per share (EPS) to beat the analysts' consensus estimate of $1.58 by $0.17. Learn more on analysts' earnings estimate vs. TRGP's actual earnings. How can I listen to Targa Resources's earnings conference call? The conference call for Targa Resources's latest earnings report can be listened to online. Listen to Conference Call How can I read Targa Resources's conference call transcript? The conference call transcript for Targa Resources's latest earnings report can be read online. Read Transcript How much revenue does Targa Resources generate each year? Targa Resources (NYSE:TRGP) has a recorded annual revenue of $16.22 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 $5.53 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 31.97 and a forward price-to-earnings ratio of 28.24. The price/earnings-to-growth ratio is 0.73. What is Targa Resources's EPS forecast for next year? Targa Resources's earnings are expected to grow from $6.26 per share to $8.06 per share in the next year, which is a 28.75% increase. 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It might be the last retirement stock you'll ever need. But this window of opportunity is closing fast.Click here for the ticker >>> This page (NYSE:TRGP) was last updated on 12/22/2024 by MarketBeat.com Staff From Our PartnersSeeing is believing… Today, I want to share all the details with you… and show you how to leverage this incredible wealth-building ...Porter & Company | SponsoredHOTTEST TRADER IN AMERICA 🔥🔥🔥Ready for a rocket ride this weekend? After alerting his readers to a tiny $2 stock called Bright Minds Bio...Timothy Sykes | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Targa Resources Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Share Targa Resources With A Colleague Link copied to clipboard. 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