Targa Resources Corp. (TRGP) Q2 2011 Earnings Results

Targa Res Corp Beats on EPS, Stock Down 13.18%

Targa Res Corp reported a positive surprise in EPS, but the stock fell significantly by 13.18% following the announcement. The lack of revenue details and no guidance update may have contributed to investor concerns. Overall, the market reaction suggests caution among investors regarding future performance.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.25	N/A	+10.62%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Defensive

Management expressed concerns about ongoing market challenges. They emphasized the importance of operational efficiency in the current environment.

We are focused on maintaining operational efficiency.

Market conditions remain challenging, impacting our outlook.

Targa Res Corp Beats on EPS, Stock Down 13.18%

Key numbers

Management commentary

Targa Resources Corp.

More earnings this week

Targa Res Corp Beats on EPS, Stock Down 13.18%

Key numbers

Management commentary