EARNINGS WRAP — Thursday, August 06

42 reporters in the books, 54 still pending. Heavyweight day: Energy and Industrials dominate the scorecard with monster beats from $COP, $TRGP, and $PH. Widest consensus spread? $LNG — and it delivered a 365% GAAP EPS outlier. $TRGP (Targa Resources) crushed it — GAAP EPS of $3.54 vs $2.84 consensus, a +24.6% beat. Revenue hit $4.4B. Clean beat, no flags. Energy infrastructure flexing. $COP (ConocoPhillips) posted GAAP EPS of $3.24, beating by +12.1%. Revenue surged +32.4% YoY to $19.5B. Big Oil delivering big numbers. $LNG (Cheniere Energy) reported GAAP EPS of $14.65 vs $3.15 consensus — a +364.7% beat flagged as an extreme one-time divergence. Revenue $5.7B, up +23.5% YoY. The GAAP number is inflated; read with caution. $PH (Parker-Hannifin) delivered Adj EPS of $9.27, a +12.2% beat. Revenue $5.8B, up +9.8% YoY. Industrial bellwether showing strength. $CEG (Constellation Energy) posted Adj EPS of $2.55, beating by +11.7%. Revenue jumped +23% YoY to $7.5B. Utilities aren’t supp

42 reporters in the books, 54 still pending. Heavyweight day: Energy and Industrials dominate the scorecard with monster beats from $COP, $TRGP, and $PH. Widest consensus spread? $LNG — and it delivered a 365% GAAP EPS outlier.