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TRGP - Targa Resources News Story

$45.25 -0.1  -0.3%

Last Trade - 9:10pm

Sector
Energy
Size
Large Cap
Market Cap £7.50bn
Enterprise Value £14.81bn
Revenue £7.07bn
Position in Universe 931st / 6938

Targa Resources Corp reports results for the quarter ended in March - Earnings Summary

Thu 6th May, 2021 10:21pm
* Targa Resources Corp  TRGP.N  reported quarterly adjusted
earnings of 53 cents​​ per share for the quarter ended in March.
The mean expectation of sixteen analysts for the quarter was
for earnings of 17 cents per share.
* Revenue rose 77.3% to $3.63 billion from a year ago​; 
analysts expected $2.47 billion.
* Targa Resources Corp's reported EPS for the quarter was 45
cents​.
* The mean earnings estimate of analysts had fallen by
about 26.1% in the last three months.​ 
* In the last 30 days six analysts negatively revised earnings
estimates 
* Targa Resources Corp shares had risen by 14.7% this
quarter and gained 38.1% so far this year.
* The company reported quarterly net income of $124.6 million.
* Wall Street's median 12-month price target for Targa Resources
Corp is $38.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 18 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 6 at 09:21 p.m. GMT. ​All
figures in US Dollars.​
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