Feb. 23 at 5:01 PM
$TRGP Q4 earnings beat — but are revenues a red flag? 🚩
Targa Resources posted adjusted EPS of
$2.51, topping estimates, thanks to higher operating margins and lower product costs. Yet, revenues fell short at
$4B vs. the expected
$5.2B, hit by weaker commodity sales 📉.
Full breakdown here 👉 https://www.zacks.com/stock/news/2873743/targa-resources-q4-earnings-beat-estimates-revenues-miss?cid=sm-stocktwits-2-2873743-body-34731&ADID=SYND_STOCKTWITS_TWEET_2_2873743_BODY_34731