TRGP Earnings
Targa Resources Corp
$
157.930
- Overview
- Forecast
- Valuation
- Earnings
Earning Analysis
Welcome to our in-depth analysis of Targa Resources Corp(TRGP) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Targa Resources Corp earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
| FY2025Q1 | 2025-05-01 | Pre-Market | 2.04 | 0.91 | -55.39 | 4.90B | 4.56B | -6.88 | -5.01 | -7.95 |
| FY2024Q4 | 2025-02-20 | Pre-Market | 1.88 | 1.44 | -23.40 | 4.48B | 4.41B | -1.57 | -2.66 | -5.57 |
| FY2024Q3 | 2024-11-05 | Pre-Market | 1.58 | 1.75 | +10.76 | 4.06B | 3.85B | -5.13 | +4.85 | +15.22 |
| FY2024Q2 | 2024-08-01 | - | 1.21 | 1.33 | +9.92 | 4.47B | 3.56B | -20.38 | +0.61 | -1.51 |
| FY2024Q1 | 2024-05-02 | - | 1.35 | 1.22 | -9.63 | 4.30B | 4.56B | +6.10 | +0.52 | +0.04 |
| FY2023Q4 | 2024-02-15 | - | 1.49 | 1.23 | -17.45 | 3.85B | 4.24B | +10.11 | +5.58 | +11.34 |
| FY2023Q3 | 2023-11-02 | - | 1.17 | 0.97 | -17.09 | 4.60B | 3.90B | -15.20 | +7.25 | -0.92 |
| FY2023Q2 | 2023-08-03 | - | 1.23 | 1.44 | +17.07 | 4.36B | 3.40B | -21.99 | +0.79 | +3.83 |
| - | 2023-05-04 | - | 1.43 | 0.03 | -97.90 | - | - | - | -2.86 | -0.83 |
| - | 2023-02-22 | - | 1.29 | 1.38 | +6.98 | - | - | - | +3.10 | +1.11 |
TRGP Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Targa Resources Corp reported performance for FY2025Q1, announced on 2025-05-01. The company achieved an EPS of 0.91, compared to analyst estimates of 2.04 by -55.39% . Revenue for the quarter reached 4.56B compared to expectations of 4.90B by -6.88% .
The stock price reacted with a -5.01% one-day change and a -7.95% five-day change following the earnings release. These movements reflect market reaction in Targa Resources Corp growth trajectory and strategic initiatives.
TRGP Earnings Forecast
Looking ahead, Targa Resources Corp(TRGP) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q2 project quarter revenue of 4.74B and an EPS of .
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Downward by -5.5%, while EPS estimates have been Revise Downward by -2.43%. For the upcoming , revenue estimates have been adjusted Go Down by -19.29% . These revisions correlate with a % change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Targa Resources Corp long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between TRGP's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Downward
-5.5%
In Past 3 Month
Revenue Estimates for Q2 2025
Revise Downward
-2.43%
In Past 3 Month
Stock Price
Go Down
-19.29%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
1Y
3Y
5Y
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Revenue Estimate-Annual FY 2025:21.19B
--
EPS Estimate-Annual FY 2025:0
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Stock Price157.93
TRGP Revenue and EPS Performance: A Historical Perspective
Targa Resources Corp revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q1 (2025-05-01,Pre-Market):
EPS: 0.91 (Actual) vs.2.04 (Estimate) (-55.39%)
Revenue: 4.56B (Actual) vs. 4.90B (Estimate) (-6.88%)
Price Reaction: -5.01%(1-Day), -7.95%(5-Day)
FY2024Q4 (2025-02-20,Pre-Market):
EPS: 1.44 (Actual) vs.1.88 (Estimate) (-23.40%)
Revenue: 4.41B (Actual) vs. 4.48B (Estimate) (-1.57%)
Price Reaction: -2.66%(1-Day), -5.57%(5-Day)
FY2024Q3 (2024-11-05,Pre-Market):
EPS: 1.75 (Actual) vs.1.58 (Estimate) (10.76%)
Revenue: 3.85B (Actual) vs. 4.06B (Estimate) (-5.13%)
Price Reaction: 4.85%(1-Day), 15.22%(5-Day)
Earnings Reaction
The chart below shows how TRGP performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TRGP sees a -1.08% change in stock price 10 days leading up to the earnings, and a +1.73% change 10 days following the report. On the earnings day itself, the stock moves by +1.22%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in MAR/2025, the stock changed -0.29% on the day following the earnings release and then changed by 2.53% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
Targa Resources Corp (TRGP) Q1 2025 Earnings Call Summary
Positive
2025-05-01
The earnings call reveals strong financial performance with a 22% YoY increase in adjusted EBITDA and a 33% dividend increase, both positive indicators. The Q&A highlights strategic positioning in the Permian and effective hedging, mitigating market risks. Despite some uncertainties in partnerships and CapEx flexibility, the robust shareholder return plan and strategic market positioning suggest a positive sentiment, likely leading to a stock price increase over the next two weeks.
Targa Resources Corp (TRGP) Q3 2024 Earnings Call Summary
Positive
2024-11-05
The earnings call summary highlights strong financial performance, including record operating margins and increased share repurchases. The Q&A session reveals optimism about future growth and capital spending, despite some lack of clarity on specifics. The 33% dividend increase and commitment to shareholder returns further bolster positive sentiment. While management didn't provide exact future figures, the overall tone remains optimistic, suggesting a positive stock price movement in the short term.
Targa Resources Corp. (TRGP) Q2 2024 Earnings Call Summary
Positive
2024-08-01
The earnings call highlights strong financial performance, record high volumes, and a significant increase in guidance. The 50% dividend increase and new share repurchase authorization are positive indicators for shareholder returns. Despite risks like hurricane impact and regulatory challenges, the company maintains a solid liquidity position and leverage ratio. The Q&A section reflects optimism, especially with guidance raises and project progress. Overall, the positive aspects outweigh the risks, suggesting a likely stock price increase in the near term.
FAQ
What were the key highlights of TRGP’s latest earnings report for FY2025Q1?
TRGP reported its FY2025Q1 earnings on 2025-05-01, showcasing a revenue of 4.56B against an estimate of 4.90B, resulting in a -6.88% surprise. The EPS was 0.91, surpassing the expected 2.04 by -55.39% . The stock experienced a -5.01% price change on the earnings day and a -7.95% change over the next five days, reflecting market reactions to the results.
How did TRGP’s stock price react after the FY2025Q1 earnings release?
What are the revenue and EPS estimates for TRGP for 2025/Q2?
How does TRGP’s stock price correlate with earnings forecast revisions?
What should investors expect from TRGP’s next earnings report?