Thomson Reuters (NYSE:TRI) Releases Earnings Results, Beats Estimates By $0.04 EPS

Thomson Reuters (NYSE:TRI) (TSE:TRI) announced its quarterly earnings results on Thursday. The business services provider reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.04, Zacks reports. Thomson Reuters had a net margin of 32.12% and a return on equity of 14.85%. Thomson Reuters updated its FY 2025 guidance to EPS.

Thomson Reuters Price Performance

Shares of Thomson Reuters stock traded up $7.63 during trading on Thursday, hitting $176.86. The stock had a trading volume of 809,400 shares, compared to its average volume of 346,242. Thomson Reuters has a 12 month low of $148.71 and a 12 month high of $178.35. The business’s 50-day moving average is $163.68 and its 200 day moving average is $165.33. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.16. The firm has a market cap of $79.59 billion, a price-to-earnings ratio of 34.81, a P/E/G ratio of 5.31 and a beta of 0.73.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Royal Bank of Canada raised their price target on shares of Thomson Reuters from $171.00 to $173.00 and gave the company a “sector perform” rating in a research report on Wednesday, November 6th. CIBC upped their target price on Thomson Reuters from $164.00 to $165.00 and gave the company a “neutral” rating in a report on Friday, January 3rd. Wells Fargo & Company assumed coverage on Thomson Reuters in a research note on Tuesday, November 26th. They issued an “equal weight” rating and a $165.00 price objective for the company. Scotiabank lifted their target price on Thomson Reuters from $182.00 to $187.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, November 6th. Finally, StockNews.com upgraded shares of Thomson Reuters from a “sell” rating to a “hold” rating in a research report on Wednesday, January 8th. Eight equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $176.10.

Thomson Reuters Company Profile

Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.