Targa Resources IncTRGP
▲ PositiveCapitalrelevance
Q2 earnings beat estimates, though revenue missed.

Targa Resources reported second-quarter adjusted earnings of $3.54 per share, topping the Zacks Consensus Estimate of $2.83 per share by 25.09%. Revenue came in at $4.44 billion, missing the consensus forecast by 10.35% but up from $4.26 billion a year earlier. The company has beaten earnings estimates twice in the past four quarters but has not exceeded revenue expectations in that span. Shares have gained about 41% year to date, outpacing the S&P 500's 12.8% advance.
Targa Resources IncQ2 earnings beat estimates, though revenue missed.
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