Economy

Thomson Reuters Corp (TRI) Issues Earnings Results, Beats Expectations By $0.10 EPS

Thomson Reuters Corp (TRI) Issues Earnings Results, Beats Expectations By $0.10 EPS”

Investment analysts at National Bank Financial raised their Q4 2017 earnings per share (EPS) estimates for shares of Thomson Reuters Corp in a research report issued to clients and investors on Sunday. The company had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.82 billion. The stock presently has an average rating of "Hold" and a consensus price target of $51.92.

Additionally, here are a few investment firms who have increased or decreased their stake in (TRI).

Thomson Reuters Corporation (TRI) closed its day with loss -0.38% and ended at the price of $46.84.

Let's take a look at how the stock has been performing recently.

Thomson Reuters Corp Ordinary S recently declared a dividend that was paid on Fri Sep 15, 2017. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. On average, equities research analysts predict that Thomson Reuters Corp will post $2.45 earnings per share for the current fiscal year. Thomson Reuters Corp updated its FY17 guidance to $2.40-2.45 EPS. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of United States and worldwide trademark & copyright laws.

Andra Ap-fonden cut its ownership by shedding 4,438 shares a decrease of 1.7% as of 09/30/2017.

It is trading at $44.32 a tad below the 50 day moving average of $46.40 and just a bit lower than the 200 day moving average of $45.50. The firm has a market capitalization of $33.48 billion, a P/E ratio of 11.50 and a beta of 0.75. The 50 day moving average was down $-2.08 or -4.49% whereas the 200 day moving average was down $-1.18 or -2.59%. The ex-dividend date was Tuesday the 15th of August 2017. Shareholders of record on Thursday, November 16th will be given a $0.345 dividend.

In terms of Thomson Reuters' operating income for Q3 2017, the figure has yielded a profit of $467 million - this represents a jump of 21 percent year-over-year from $385 million in Q3 2016. Scotiabank upped their price target on shares of Thomson Reuters Corp from $45.00 to $47.00 and gave the company a "sector perform" rating in a report on Wednesday, August 2nd. Also, insider Stephane Bello sold 78,800 shares of the company's stock in a transaction on Thursday, August 3rd. Over the last week of the month, it was -1.37%, -1.43% over the last quarter, and 5.73% for the past six months.

Thomson Reuters Corp (Thomson Reuters) is a Canada-based provider of news and information for professional markets.

Revenues by segment: Financial & Risk, $1.54B (up 2%); Legal, $843M (up 1%); Tax & Accounting, $341M (up 6%); Corporate and other, including News, $73M (flat).



Like this

loading...
loading...

Latest


01 November 2017
Pesticides in fresh produce linked to lower reproductive rates in women
Whether conventionally grown or organic, fruits and vegetables are vital to a healthy diet. Jorge Chavarro, an associate professor of nutrition and epidemiology at Harvard T.H.

01 November 2017
Top N. Korean defector to testify at US Congress
Also, programs could educate North Koreans on how they should be paid for labor they provide for free when mobilized by the state. And maximum engagement I think should include not only the Kim Jong-un leadership but also North Korean population as well.

01 November 2017
Bin Laden was a big fan of American cinema
Lawmakers on Capitol Hill have been pushing for the full release of the CIA's documents from the raid for months. The journal ran more than 220 pages.

01 November 2017
The Walking Dead: The Telltale Series Collection announced for PS4, Xbox One
Speaking of which, Telltale is happy to announce that Gary Whitta has come back to write this last season of The Walking Dead . It sounds like we're going out with a bang! To Whitta, Celemntine is "one of the great video game characters of all time".

01 November 2017
Baby named Frankenstein born at Florida hospital on Halloween
Oskar's overjoyed grandmother, Jennifer Frankenstein , told Click on Orlando that the baby's birth makes her a first-time grandma. Kyle and Jessica Frankenstein gave birth to baby Oskar Gray Frankenstein at the Winter Park Memorial Hospital at 2:57 p.m.

01 November 2017
Long-time Microsoft exec Julie Larson-Green leaves Microsoft
Further, Larson-Green was touted as a potential candidate to step in as CEO following Steve Ballmer's departure before Nadella was appointed.

01 November 2017
Balfour Declaration: How 67 words changed the course history
Their party hats were bullet-riddled helmets with British flags on them, while tattered Union Jacks were flown. A statement by Banksy said: "This conflict has brought so much suffering to people on all sides".

01 November 2017
Hulk Teams With Rocket Raccoon In Avengers: Infinity War
The issue saw Hulk awaken on the planet Halfworld, a world populated by talking, sentient animals, one of which is Rocket. From there, he'll befriend a mocking mid-sized mammal in Avengers: Infinity War , which arrives on May 4, 2018.

01 November 2017
Amsterdam introduces beer bike ban after residents complain about drunk tourists
Passengers sit around a table on stools fitted with pedals and ride while gulping down beer and other drinks. Judges struck down the ban at the time, arguing that it was not properly motivated.

01 November 2017
Man Arrested In Bosnia With Missing Copy Of Dayton Peace Accords
Serbia, also, reportedly lost its original copy, supposedly during the protests which ended Milosevic's rule in October 2000. Pale, a suburb of Sarajevo , served as the Bosnian Serb leadership's headquarters during the 1992-1995 conflict.