07:10 AM EDT, 05/02/2024 (MT Newswires) -- Targa Resources ( TRGP ) reported Q1 net income Thursday of $275.2 million, down from $497.0 million a year earlier.
Analysts polled by Capital IQ expected $289.7 million.
Revenue for the quarter ended March 31 was $4.56 billion, up from $4.52 billion a year earlier.
Four analysts surveyed by Capital IQ expected $4.3 billion.