We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Thomson Reuters (TRI) Beats on Q3 Earnings, View Affirmed
Read MoreHide Full Article
Thomson Reuters Corporation (TRI - Free Report) , is a leading provider of value-added information and technology to users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate training and assessment, scientific research and healthcare.
The company has an outstanding earnings track record and has delivered an average positive earnings surprise of 13.1% in the last four trailing quarters, beating estimates all through.
Currently, TRI carries a Zacks Rank #2 (Buy), but that could definitely change following third-quarter 2017 earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. We have highlighted some of the key stats from this just-revealed announcement below.
Earnings: Earnings beat. TRI reported adjusted earnings per share (EPS) of 68 cents, which beat the Zacks Consensus Estimate of 58 cents.
Revenues: Revenues missed. Thomson Reuters generated revenue of $2,792 million, which missed the Zacks Consensus Estimate of $2,822 million.
Key Stats to Note: TRI reiterated its outlook for 2017. For 2017, TRI continues to expect low single-digit revenue growth and adjusted EPS in the range $2.40 - $2.45 per share. Adjusted EBITDA margin is expected in the range 29.3% - 30.3%.
Stock Price: TRI’s shares were inactive following the release. It would be interesting to see how the market reacts to the results during the trading session today.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Image: Bigstock
Thomson Reuters (TRI) Beats on Q3 Earnings, View Affirmed
Thomson Reuters Corporation (TRI - Free Report) , is a leading provider of value-added information and technology to users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate training and assessment, scientific research and healthcare.
The company has an outstanding earnings track record and has delivered an average positive earnings surprise of 13.1% in the last four trailing quarters, beating estimates all through.
Currently, TRI carries a Zacks Rank #2 (Buy), but that could definitely change following third-quarter 2017 earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. We have highlighted some of the key stats from this just-revealed announcement below.
Earnings: Earnings beat. TRI reported adjusted earnings per share (EPS) of 68 cents, which beat the Zacks Consensus Estimate of 58 cents.
Thomson Reuters Corp Price and EPS Surprise
Thomson Reuters Corp Price and EPS Surprise | Thomson Reuters Corp Quote
Revenues: Revenues missed. Thomson Reuters generated revenue of $2,792 million, which missed the Zacks Consensus Estimate of $2,822 million.
Key Stats to Note: TRI reiterated its outlook for 2017. For 2017, TRI continues to expect low single-digit revenue growth and adjusted EPS in the range $2.40 - $2.45 per share. Adjusted EBITDA margin is expected in the range 29.3% - 30.3%.
Stock Price: TRI’s shares were inactive following the release. It would be interesting to see how the market reacts to the results during the trading session today.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>