Targa Resources (NYSE:TRGP) is set to give its latest quarterly earnings report on Thursday, 2025-08-07. Here’s what investors need to know before the announcement.
Analysts estimate that Targa Resources will report an earnings per share (EPS) of $1.95.
The market awaits Targa Resources’s announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It’s important for new investors to understand that guidance can be a significant driver of stock prices.
Historical Earnings Performance
In the previous earnings release, the company missed EPS by $1.07, leading to a 0.29% drop in the share price the following trading session.
Here’s a look at Targa Resources’s past performance and the resulting price change:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | 1.98 | 1.83 | 1.55 | 1.24 |
| EPS Actual | 0.91 | 1.44 | 1.75 | 1.33 |
| Price Change % | -0.0% | -2.0% | 5.0% | -4.0% |
Performance of Targa Resources Shares
Shares of Targa Resources were trading at $163.63 as of August 05. Over the last 52-week period, shares are up 20.68%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analyst Views on Targa Resources
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Targa Resources.
The consensus rating for Targa Resources is Outperform, derived from 12 …