Thomson Reuters (TRI) Scheduled to Post Earnings on Tuesday

Thomson Reuters (TSE:TRI) (NYSE:TRI) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of C$1.08 per share for the quarter.

Thomson Reuters (TSE:TRI) (NYSE:TRI) last issued its quarterly earnings data on Thursday, August 1st. The company reported C$1.16 EPS for the quarter, topping analysts’ consensus estimates of C$1.10 by C$0.06. The firm had revenue of C$2.38 billion for the quarter, compared to analyst estimates of C$2.38 billion. Thomson Reuters had a net margin of 33.65% and a return on equity of 20.41%.

Thomson Reuters Stock Up 1.0 %

Shares of Thomson Reuters stock opened at C$230.12 on Friday. Thomson Reuters has a 1-year low of C$171.04 and a 1-year high of C$242.92. The company has a market capitalization of C$103.49 billion, a PE ratio of 32.46, a P/E/G ratio of 3.64 and a beta of 0.40. The company has a debt-to-equity ratio of 29.05, a current ratio of 0.88 and a quick ratio of 0.52. The business has a 50-day moving average of C$230.15 and a 200-day moving average of C$227.09.

Analyst Ratings Changes

TRI has been the topic of several analyst reports. National Bank Financial upgraded Thomson Reuters from a “hold” rating to a “strong-buy” rating in a report on Sunday, September 8th. National Bankshares raised their price target on shares of Thomson Reuters from C$219.00 to C$231.00 and gave the stock a “sector perform” rating in a research report on Friday, August 2nd. Finally, Scotiabank raised shares of Thomson Reuters from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 27th. Five analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$189.33.

Insider Transactions at Thomson Reuters

In other Thomson Reuters news, Senior Officer Kirsty Roth sold 5,310 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of C$234.93, for a total transaction of C$1,247,459.18. In other Thomson Reuters news, Senior Officer Kirsty Roth sold 5,310 shares of the firm’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of C$234.93, for a total value of C$1,247,459.18. Also, Director Caroline Rogge sold 339 shares of Thomson Reuters stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$235.35, for a total value of C$79,782.97. In the last quarter, insiders sold 11,711 shares of company stock worth $2,755,571. 69.76% of the stock is currently owned by corporate insiders.

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.