TRGP

Targa Resources Corp.

268.52

USD

-3.30

-1.21%

Nov 06, 13:23 UTC -5

Open

Targa Resources Corp. (TRGP) Earnings

TRGP Earnings Reports

Positive Surprise Ratio

TRGP beat 19 of 44 last estimates.

43%

Next Report

Date of Next Report

Feb 17, 2027

Estimate for Q4 26 (Revenue/ EPS)

$5.23B

$2.83

Implied change from Q3 26 (Revenue/ EPS)

-6.58%

-6.91%

Implied change from Q4 25 (Revenue/ EPS)

+28.96%

+12.30%

Targa Resources Corp. earnings per share and revenue

On Nov 05, 2026, TRGP reported earnings of 3.04 USD per share (EPS) for Q3 26, beating the estimate of 2.76 USD, resulting in a 9.78% surprise. Revenue reached 5.60 billion, compared to an expected 4.85 billion, with a 15.44% difference. The market reacted with a -4.62% price change (close before vs. close after earnings).

Looking ahead to Q4 26, 11 analysts forecast an EPS of 2.83 USD, with revenue projected to reach 5.23 billion USD, implying an decrease of -6.91% EPS, and decrease of -6.58% in Revenue from the last quarter.

Industry Peers’ Earnings

Industry Peers' Earnings displays EPS earnings data from companies in the same industry. Click on a card to view more details.

Sunoco LP Common Units

Report Date

Nov 03, 2026 For Q3 26

Estimate

$1.77

Actual

$2.06

Surprise

+16.61%

NGL ENERGY PARTNERS LP

Report Date

Nov 05, 2026 For Q2 27

Estimate

$0.22

Actual

$0.24

Surprise

+8.01%

Genesis Energy, L.P.

Report Date

Nov 05, 2026 For Q3 26

Estimate

-$0.18

Actual

-$0.05

Surprise

+72.50%

Global Partners LP

Report Date

Nov 06, 2026 For Q3 26

Estimate

$1.62

Actual

$1.26

Surprise

-22.51%

CrossAmerica Partners LP Common units representing limited partner interests

Report Date

Nov 04, 2026 For Q3 26

Estimate

$0.42

Actual

$0.21

Surprise

-50.98%

FAQ

What were Targa Resources Corp.'s earnings and revenue for the latest quarter Q3 2026?

For Q3 2026, Targa Resources Corp. reported EPS of $3.04, beating estimates by 9.78%, and revenue of $5.60B, 15.44% above expectations.

How did the market react to Targa Resources Corp.'s Q3 2026 earnings?

The stock price moved down -4.62%, changed from $285.00 before the earnings release to $271.82 the day after.

When is Targa Resources Corp. expected to report next?

The next earning report is scheduled for Feb 17, 2027.

What are the forecasts for Targa Resources Corp.'s next earnings report?

Based on 11 analysts, Targa Resources Corp. is expected to report EPS of $2.83 and revenue of $5.23B for Q4 2026.

Which companies are reporting earnings today?

Check FXEmpire's Earnings Calendar for today's list of reporting companies.