Thomson Reuters (TRI) Expected to Announce Quarterly Earnings on Thursday

Thomson Reuters (NYSE:TRI) (TSE:TRI) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $1.05 per share and revenue of $1.94 billion for the quarter. Thomson Reuters has set its FY 2025 guidance at EPS.

Thomson Reuters (NYSE:TRI) (TSE:TRI) last issued its earnings results on Thursday, February 6th. The business services provider reported $1.01 EPS for the quarter, topping the consensus estimate of $0.97 by $0.04. Thomson Reuters had a return on equity of 14.62% and a net margin of 30.45%. On average, analysts expect Thomson Reuters to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Thomson Reuters Stock Down 0.2 %

NYSE:TRI opened at $181.98 on Thursday. Thomson Reuters has a 1-year low of $149.80 and a 1-year high of $184.11. The firm has a market capitalization of $81.91 billion, a price-to-earnings ratio of 37.22, a PEG ratio of 5.67 and a beta of 0.70. The company has a current ratio of 1.02, a quick ratio of 0.94 and a debt-to-equity ratio of 0.15. The business’s fifty day moving average price is $173.93 and its 200 day moving average price is $168.41.

Thomson Reuters Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Thursday, February 20th were given a $0.595 dividend. This represents a $2.38 dividend on an annualized basis and a dividend yield of 1.31%. This is a positive change from Thomson Reuters’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend was Thursday, February 20th. Thomson Reuters’s dividend payout ratio is 48.67%.

Wall Street Analyst Weigh In

Several research firms have weighed in on TRI. Canaccord Genuity Group upped their price objective on shares of Thomson Reuters from $164.00 to $175.00 and gave the company a “hold” rating in a research note on Friday, February 7th. Scotiabank upped their price target on shares of Thomson Reuters from $187.00 to $188.00 and gave the stock a “sector outperform” rating in a research note on Friday, February 7th. Wells Fargo & Company lifted their price objective on Thomson Reuters from $165.00 to $177.00 and gave the company an “equal weight” rating in a research report on Friday, February 7th. CIBC upped their target price on Thomson Reuters from $165.00 to $174.00 in a research report on Friday, February 7th. Finally, The Goldman Sachs Group increased their price objective on Thomson Reuters from $168.00 to $188.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Nine investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, Thomson Reuters currently has an average rating of “Hold” and a consensus target price of $177.80.

Hedge Funds Weigh In On Thomson Reuters

An institutional investor recently bought a new position in Thomson Reuters stock. Brighton Jones LLC bought a new stake in shares of Thomson Reuters Co. (NYSE:TRI) (TSE:TRI) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 2,796 shares of the business services provider’s stock, valued at approximately $448,000. 17.31% of the stock is currently owned by hedge funds and other institutional investors.

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.