Targa Resources (NYSE:TRGP) reported its Q1 earnings results on Thursday, May 4, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Targa Resources missed estimated earnings by 97.86%, reporting an EPS of $0.03 versus an estimate of $1.4.

Revenue was down $438.10 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 1.2% increase in the share price the next day.

Here's a look at Targa Resources's past performance:

To track all earnings releases for Targa Resources visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.