Thomson Reuters Corp. (TRI)
Goldman Sachs upgrades Thomson Reuters to ‘Buy,' sees over 20% upside on AI strength
Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) has upgraded Thomson Reuters (NYSE:TRI) to ‘Buy' from ‘Neutral', saying the information services company's deepening integration of generative AI across its legal, tax and corporate software businesses positions it for sustained growth and multiple expansion. The bank set a 12-month price target of $186 for Thomson Reuters' US-listed shares, which is more than 20% upside, and C$258 for its Toronto listing, citing accelerating organic revenue growth and a widening competitive moat anchored by proprietary data and editorial expertise.
Thomson Reuters Corporation (TRI) Q2 2025 Earnings Call Transcript
Thomson Reuters Corporation (NASDAQ:TRI ) Q2 2025 Earnings Conference Call August 6, 2025 8:30 AM ET Company Participants David Wong - Chief Product Officer Gary Elftman Bisbee - Head of Investor Relations Michael Eastwood - Chief Financial Officer Stephen John Hasker - President, CEO & Director Conference Call Participants Andrew Charles Steinerman - JPMorgan Chase & Co, Research Division Aravinda Suranimala Galappatthige - Canaccord Genuity Corp., Research Division Drew McReynolds - RBC Capital Markets, Research Division Jason Daniel Haas - Wells Fargo Securities, LLC, Research Division Keen Fai Tong - Goldman Sachs Group, Inc., Research Division Maher Yaghi - Scotiabank Global Banking and Markets, Research Division Manav Shiv Patnaik - Barclays Bank PLC, Research Division Scott Fletcher - CIBC Capital Markets, Research Division Tim Casey - BMO Capital Markets Equity Research Toni Michele Kaplan - Morgan Stanley, Research Division Vince Valentini - TD Cowen, Research Division Operator Good day, everyone, and welcome to the Thomson Reuters Second Quarter Earnings Call. Today's conference is being recorded.
Compared to Estimates, Thomson Reuters (TRI) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Thomson Reuters (TRI) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Thomson Reuters (TRI) Beats Q2 Earnings Estimates
Thomson Reuters (TRI) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.85 per share a year ago.
Unlocking Q2 Potential of Thomson Reuters (TRI): Exploring Wall Street Estimates for Key Metrics
Beyond analysts' top-and-bottom-line estimates for Thomson Reuters (TRI), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2025.
Thomson Reuters: Bullish On Legal Segment Potential And Inorganic Prospects
I maintain my Buy rating on Thomson Reuters, anticipating upside surprises from accretive M&As and the unlocking of the Legal unit's full potential. Its Legal segment could perform better in the future, assuming that law firms increase their AI-related expenditures to be aligned with other industries. TRI has the balance sheet strength to execute on value-enhancing acquisitions involving indirect tax businesses and non-U.S. enterprises.
Thomson Reuters (TRI) Moves 7.6% Higher: Will This Strength Last?
Thomson Reuters (TRI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Thomson Reuters: High Valuation Limits Near-Term Upside
I give a hold rating for Thomson Reuters (TRI), due to solid fundamentals, but limited near-term upside from high current valuation. TRI's core business is growing steadily, with strong performance in Legal, Corporates, and Tax & Accounting segments, and increasing Gen AI traction. Despite robust fundamentals, TRI's valuation at 45.8x forward PE is significantly above historical and peer multiples, leaving little room for error.
Thomson Reuters: Still Positive Considering EPS Beat And Improved Revenue Quality
I stick to a Buy for Thomson Reuters following my assessment of the company's first quarter results and the shift in its topline composition. TRI's 1Q2025 EPS surpassed expectations due to the strong performance of its Tax & Accounting Professionals segment. The company has been deriving a growing proportion of its revenue from star products and AI solutions.
Thomson Reuters Corporation (TRI) Q1 2025 Earnings Call Transcript
Thomson Reuters Corporation (NASDAQ:TRI ) Q1 2025 Earnings Conference Call May 1, 2025 8:30 AM ET Company Participants Gary Bisbee - Head-Investor Relations Steve Hasker - Chief Executive Officer Mike Eastwood - Chief Financial Officer Conference Call Participants Scott Fletcher - CIBC Manav Patnaik - Barclays Aravinda Galappatthige - Canaccord Genuity Vince Valentini - TD Cowen Toni Kaplan - Morgan Stanley Drew McReynolds - RBC Andrew Steinerman - JPMorgan Jason Haas - Wells Fargo Doug Arthur - Huber Research George Tong - Goldman Sachs Joshua Dennerlein - Bank of America Operator Good day, and welcome to the Thomson Reuters First Quarter Earnings Call. Today's call is being recorded.
Thomson Reuters (TRI) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Thomson Reuters (TRI) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Thomson Reuters (TRI) Surpasses Q1 Earnings Estimates
Thomson Reuters (TRI) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.11 per share a year ago.
