Thomson Reuters (NASDAQ:TRI – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.03, Briefing.com reports. The company had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.89 billion. Thomson Reuters had a return on equity of 14.99% and a net margin of 19.93%.The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.87 earnings per share.
Here are the key takeaways from Thomson Reuters’ conference call:
- Revenue outlook raised: Thomson Reuters reported 8% total organic revenue growth in Q2, with Big Three growth accelerating to 10%, and raised its full-year total and organic revenue outlook to approximately 8%. Big Three guidance was increased to 9.5%–10%.
- AI momentum continued: CoCounsel surpassed one million users, with rising usage and strong early feedback on its next-generation legal product. The company plans to use its proprietary Thomson large language model to improve speed, scalability, and costs, while exploring sovereign-AI and standalone commercialization opportunities.
- Portfolio optimization and capital returns: Thomson Reuters agreed to sell a 51% stake in Global Print to KKR for approximately $500 million, which management expects to be 60–70 basis points accretive to organic growth and roughly margin-neutral after closing. Share repurchases and other capital-return actions have reduced the share count by approximately 3%.
- Tax, Audit & Accounting execution was weaker than expected: Transactional growth fell short because of timing and go-to-market challenges, prompting leadership and talent changes. Management expects improvement in the second half, aided by new AI offerings and revenue-recognition normalization.
- Near-term margin pressure remains: Q3 adjusted EBITDA margin is expected to be approximately 36%, affected by $19 million of severance, continued innovation and automation investment, marketing spending, and M&A dilution. Management maintained its full-year margin outlook of approximately 40%, relying on fourth-quarter savings and operating leverage.
Thomson Reuters Price Performance
TRI traded up $1.48 on Thursday, reaching $100.09. 1,786,645 shares of the company’s stock were exchanged, compared to its average volume of 2,367,657. The stock’s fifty day moving average price is $88.60 and its 200-day moving average price is $93.46. The stock has a market cap of $43.60 billion, a PE ratio of 29.12, a P/E/G ratio of 1.62 and a beta of 0.75. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.60 and a quick ratio of 0.60. Thomson Reuters has a twelve month low of $76.28 and a twelve month high of $182.98.
Thomson Reuters Announces Dividend
More Thomson Reuters News
Here are the key news stories impacting Thomson Reuters this week:
- Positive Sentiment: Thomson Reuters reported second-quarter adjusted earnings of $0.99 per share, exceeding the $0.96 consensus estimate, while revenue rose 9.5% year over year to $1.93 billion and also topped expectations. Thomson Reuters Beats Q2 Earnings and Revenue Estimates
- Positive Sentiment: Management raised its 2026 outlook to approximately 8% total-company revenue growth and 9.5% to 10% organic growth for its Legal, Corporates, and Tax, Audit & Accounting businesses. Those “Big 3” segments delivered 10% organic growth in the quarter. Thomson Reuters Reports Second-Quarter 2026 Results
- Positive Sentiment: The company continues to prioritize Fiduciary-Grade AI solutions, potentially supporting longer-term growth and customer retention as AI tools are integrated across its professional information products. It also completed a $600 million share-repurchase program and reduced its share count through a $605 million return-of-capital transaction.
- Positive Sentiment: Thomson Reuters declared a quarterly dividend of $0.655 per share, equivalent to $2.62 annually and a reported yield of about 2.7%. The dividend adds income appeal for investors. Thomson Reuters Dividend and Earnings Information
- Positive Sentiment: RBC raised its price target from $121 to $124 and reiterated an “outperform” rating, implying substantial upside from recent trading levels. Scotia and Canaccord lowered their targets modestly to $135 and $132.50, respectively, but retained bullish “sector outperform” and “buy” ratings.
- Neutral Sentiment: Thomson Reuters agreed to sell a 51% stake in its Global Print business to KKR for approximately $500 million in gross proceeds. The transaction sharpens the company’s focus on digital and AI-led products, although it also reduces ownership of the print operation. Thomson Reuters Raises Full-Year Revenue Outlook
- Negative Sentiment: The lower price targets from Scotia and Canaccord suggest some analysts see less near-term valuation upside following the earnings release, even though both firms remain positive on the stock.
Institutional Investors Weigh In On Thomson Reuters
A number of institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC purchased a new stake in shares of Thomson Reuters in the 4th quarter valued at $448,000. AQR Capital Management LLC increased its holdings in Thomson Reuters by 30.3% during the 1st quarter. AQR Capital Management LLC now owns 17,152 shares of the company’s stock worth $2,964,000 after purchasing an additional 3,988 shares during the period. Ashton Thomas Private Wealth LLC purchased a new stake in Thomson Reuters during the 1st quarter worth about $205,000. Prudential Financial Inc. acquired a new stake in Thomson Reuters in the 2nd quarter valued at about $234,000. Finally, Daiwa Securities Group Inc. purchased a new position in shares of Thomson Reuters in the 2nd quarter valued at about $646,000. 17.31% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on TRI shares. Weiss Ratings downgraded shares of Thomson Reuters from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, June 23rd. Canaccord Genuity Group lowered their target price on Thomson Reuters from $134.00 to $132.50 and set a “buy” rating for the company in a report on Thursday. UBS Group set a $185.74 price objective on shares of Thomson Reuters and gave the company a “buy” rating in a report on Thursday, April 23rd. Bank of America decreased their price target on shares of Thomson Reuters from $115.00 to $98.00 and set a “neutral” rating for the company in a research report on Tuesday, May 19th. Finally, Scotia reduced their price objective on shares of Thomson Reuters from $138.00 to $135.00 and set a “sector outperform” rating for the company in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $142.83.
View Our Latest Report on Thomson Reuters
Thomson Reuters Company Profile
Thomson Reuters is a global provider of information and technology solutions for professional markets, including financial services, legal, tax and accounting, and media industries. The company delivers a range of data, analytics and software tools designed to help customers make informed decisions, manage risk and stay compliant with evolving regulations. Its key offerings include the Eikon financial data platform, Westlaw legal research service, Checkpoint tax and accounting solution, and Reuters News, which supplies real‐time journalism to media organizations worldwide.
Formed in 2008 through the merger of Canada’s Thomson Corporation (founded in 1934) and the UK’s Reuters Group (established in 1851), Thomson Reuters has built on a legacy of journalistic integrity and information innovation.
Featured Articles
- Five stocks we like better than Thomson Reuters
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Receive News & Ratings for Thomson Reuters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thomson Reuters and related companies with MarketBeat.com's FREE daily email newsletter.
