Thomson Reuters Corp. (TRI)
Thomson Reuters: Look Beyond Disappointing FY2025 Prospects
Thomson Reuters is still rated as a "Buy," even though its shares dropped following its 3Q2025 earnings release. TRI's FY25 organic growth could be weaker than the market anticipated earlier, but this is driven by one-off factors. The Legal segment's top line rose by a solid 9% in the 3rd quarter this year; its new AI offering "Westlaw Advantage" has gained traction with clients.
Here's What Key Metrics Tell Us About Thomson Reuters (TRI) Q3 Earnings
The headline numbers for Thomson Reuters (TRI) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Thomson Reuters (TRI) Q3 Earnings and Revenues Top Estimates
Thomson Reuters (TRI) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.8 per share a year ago.
Thomson Reuters (TRI) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
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 September 2025.
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.
