Targa Resources, Inc. (TRGP) Reports Q4 Earnings: What Key Metrics Have to Say

For the quarter ended December 2023, Targa Resources, Inc. (TRGP) reported revenue of $4.24 billion, down 6.9% over the same period last year. EPS came in at $1.23, compared to $1.38 in the year-ago quarter.The reported revenue represents a surprise of -5.73% over the Zacks Consensus Estimate of $4.5 billion. With the consensus EPS estimate being $1.49, the EPS surprise was -17.45%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...