Thomson Reuters (NYSE:TRI) Posts Earnings Results, Beats Expectations By $0.04 EPS

Thomson Reuters (NYSE:TRI) (TSE:TRI) posted its earnings results on Thursday. The business services provider reported $1.01 EPS for the quarter, beating the consensus estimate 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 Price Performance

NYSE:TRI traded down $0.97 during mid-day trading on Friday, reaching $175.93. The stock had a trading volume of 80,726 shares, compared to its average volume of 343,307. Thomson Reuters has a 12 month low of $149.14 and a 12 month high of $178.35. The stock has a market capitalization of $79.17 billion, a PE ratio of 34.55, a P/E/G ratio of 5.31 and a beta of 0.73. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a 50-day simple moving average of $163.98 and a two-hundred day simple moving average of $165.41.

Analyst Ratings Changes

TRI has been the topic of a number of research reports. Royal Bank of Canada upped their price objective on Thomson Reuters from $171.00 to $173.00 and gave the company a “sector perform” rating in a report on Wednesday, November 6th. Scotiabank raised their price target on shares of Thomson Reuters from $182.00 to $187.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, November 6th. CIBC lifted their price objective 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. StockNews.com upgraded shares of Thomson Reuters from a “sell” rating to a “hold” rating in a research report on Wednesday, January 8th. Finally, Wells Fargo & Company lifted their price target on shares of Thomson Reuters from $165.00 to $177.00 and gave the company an “equal weight” rating in a research report on Friday. Eight analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $177.30.

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.