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

Thomson Reuters (NYSE:TRI) (TSE:TRI) posted its quarterly earnings results on Thursday. The business services provider reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.04, Zacks reports. Thomson Reuters had a return on equity of 14.78% and a net margin of 30.45%. Thomson Reuters updated its FY 2025 guidance to EPS.

Thomson Reuters Stock Down 0.2 %

NYSE TRI opened at $176.56 on Friday. Thomson Reuters has a 52 week low of $149.14 and a 52 week high of $178.35. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $79.45 billion, a P/E ratio of 36.11, a price-to-earnings-growth ratio of 5.59 and a beta of 0.73. The stock’s 50-day moving average price is $164.26 and its 200-day moving average price is $165.48.

Thomson Reuters Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Thursday, February 20th will be issued a dividend of $0.595 per share. This represents a $2.38 annualized dividend and a yield of 1.35%. The ex-dividend date is Thursday, February 20th. This is a positive change from Thomson Reuters’s previous quarterly dividend of $0.54. Thomson Reuters’s payout ratio is currently 44.17%.

Analyst Ratings Changes

TRI has been the subject of a number of recent analyst reports. Canaccord Genuity Group boosted their price objective on shares of Thomson Reuters from $164.00 to $175.00 and gave the stock a “hold” rating in a report on Friday. Scotiabank boosted their target price on Thomson Reuters from $187.00 to $188.00 and gave the stock a “sector outperform” rating in a research report on Friday. JPMorgan Chase & Co. lifted their price target on shares of Thomson Reuters from $175.00 to $177.00 and gave the stock a “neutral” rating in a research note on Friday. The Goldman Sachs Group raised their target price on shares of Thomson Reuters from $168.00 to $188.00 and gave the stock a “neutral” rating in a report on Friday. Finally, StockNews.com upgraded shares of Thomson Reuters from a “sell” rating to a “hold” rating in a research note on Wednesday, January 8th. Nine research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Thomson Reuters has an average rating of “Hold” and an average price target of $182.09.

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.