Thomson Reuters Earnings: Everything You Must Know Now

Thomson Reuters Corporation (NYSE:TRI) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

Thomson Reuters Corporation Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 11.11% to $0.48 in the quarter versus EPS of $0.54 in the year-earlier quarter.

Revenue: Decreased 4.41% to $3.16 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Thomson Reuters Corporation reported adjusted EPS income of $0.48 per share. By that measure, the company beat the mean analyst estimate of $0.45. It beat the average revenue estimate of $3.15 billion.

Quoting Management: “Our second-quarter performance was consistent with our full-year expectations,” said James C. Smith , chief executive officer of Thomson Reuters. “I am pleased with the progress we continue to make despite challenging market conditions, particularly in the banking and legal sectors.”

Key Stats (on next page)…

Revenue decreased 0.38% from $3.18 billion in the previous quarter. EPS increased 26.32% from $0.38 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.45 to a profit $0.44. For the current year, the average estimate is a profit of $1.82, which is the same with that ninety days ago.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]