Targa Resources Q3 Sales $3.90B Miss $4.57B Estimate
Portfolio Pulse from Benzinga Newsdesk
Targa Resources (NYSE:TRGP) reported Q3 sales of $3.90 billion, missing the analyst consensus estimate of $4.57 billion by 14.75 percent. This represents a 27.31 percent decrease from the same period last year.
November 02, 2023 | 10:05 am
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Targa Resources' Q3 sales missed the analyst consensus estimate by 14.75%, a significant decrease from the same period last year.
Targa Resources' Q3 sales fell short of analyst estimates by a significant margin, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100