Thomson Reuters Corp reports results for the quarter ended December 31 - Earnings Summary

• Thomson Reuters Corp TRI.TO reported quarterly adjusted earnings of $1.01​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 98 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 97 cents per share. Wall Street expected results to range from 89 cents to $1.08 per share.

• Revenue rose 5.2% to $1.91 billion from a year ago; analysts expected $1.91 billion.

• Thomson Reuters Corp's reported EPS for the quarter was $1.30​.

• The company reported quarterly net income of $587 million.

• Thomson Reuters Corp shares had risen by 5.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 10 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the professional information services peer group is also "hold"

Wall Street's median 12-month price target for Thomson Reuters Corp is $175.50

This summary was machine generated from LSEG data February 6 at 02:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)