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

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

Thomson Reuters Stock Performance

NYSE:TRI traded down $0.97 on Friday, hitting $175.93. The company’s stock had a trading volume of 80,726 shares, compared to its average volume of 343,307. Thomson Reuters has a one year low of $149.14 and a one year high of $178.35. The firm has a market capitalization of $79.17 billion, a P/E ratio of 34.55, a price-to-earnings-growth ratio of 5.31 and a beta of 0.73. The stock has a fifty day moving average of $163.98 and a two-hundred day moving average of $165.41. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.16.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on TRI shares. CIBC raised their price target on shares of Thomson Reuters from $164.00 to $165.00 and gave the stock a “neutral” rating in a research note on Friday, January 3rd. Scotiabank raised their target price on shares of Thomson Reuters from $182.00 to $187.00 and gave the company a “sector outperform” rating in a research report on Wednesday, November 6th. Royal Bank of Canada boosted their price target on shares of Thomson Reuters from $171.00 to $173.00 and gave the stock a “sector perform” rating in a research report on Wednesday, November 6th. Wells Fargo & Company raised their price objective on Thomson Reuters from $165.00 to $177.00 and gave the company an “equal weight” rating in a report on Friday. Finally, StockNews.com upgraded Thomson Reuters from a “sell” rating to a “hold” rating in a report on Wednesday, January 8th. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $177.30.

About Thomson Reuters

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.