Thomson Reuters (NASDAQ:TRI) Announces Earnings Results

Thomson Reuters (NASDAQ:TRI) issued its earnings results on Wednesday. The company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.03, Briefing.com reports. Thomson Reuters had a net margin of 19.93% and a return on equity of 14.99%. Thomson Reuters’s revenue was up 9.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.87 EPS.

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

Shares of NASDAQ:TRI traded down $10.54 on Wednesday, hitting $98.61. The company’s stock had a trading volume of 4,368,484 shares, compared to its average volume of 2,372,829. The company has a 50-day simple moving average of $88.27 and a 200 day simple moving average of $93.66. Thomson Reuters has a 1 year low of $76.28 and a 1 year high of $203.43. The company has a market capitalization of $42.96 billion, a PE ratio of 28.69, a PEG ratio of 1.51 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 19th will be paid a $0.655 dividend. This represents a $2.62 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Wednesday, August 19th. Thomson Reuters’s dividend payout ratio is currently 76.16%.

Analyst Ratings Changes

Several research analysts have commented on TRI shares. Weiss Ratings downgraded Thomson Reuters from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, June 23rd. UBS Group set a $185.74 price target on Thomson Reuters and gave the company a “buy” rating in a research report on Thursday, April 23rd. Barclays reissued an “overweight” rating and issued a $130.00 price target (down from $170.00) on shares of Thomson Reuters in a report on Friday, May 8th. Scotiabank set a $138.00 price objective on shares of Thomson Reuters and gave the company a “sector outperform” rating in a research report on Wednesday, May 6th. Finally, Argus initiated coverage on shares of Thomson Reuters in a research note on Wednesday, April 22nd. They set a “hold” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Thomson Reuters presently has an average rating of “Moderate Buy” and an average price target of $143.92.

Key Stories Impacting Thomson Reuters

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, ahead of the $0.96 consensus estimate, while revenue increased approximately 9% year over year. Thomson Reuters Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Organic revenue growth reached 8% companywide and 10% across the key Legal Professionals, Corporates, and Tax, Audit & Accounting segments, indicating continued demand for its professional-information products. Thomson Reuters Reports Second-Quarter 2026 Results
• Positive Sentiment: Management raised its full-year 2026 outlook to approximately 8% total-company revenue growth and 9.5% to 10% organic growth for the “Big 3” segments. The company is emphasizing the rollout of Fiduciary-Grade AI tools as a major second-half priority. Thomson Reuters Reports Higher Second-Quarter Revenue and Raises Full-Year Forecast
• Positive Sentiment: Thomson Reuters completed a $600 million share-repurchase program, reduced its share count by about 6.5 million shares through a share consolidation, and plans to receive roughly $500 million from selling a 51% stake in its Global Print business to KKR.
• Neutral Sentiment: The full-year revenue target of about $8.1 billion is essentially consistent with consensus expectations. Consequently, the guidance increase may not have provided as much upside surprise as the headline suggests. Thomson Reuters Raises Full-Year Revenue Outlook With Focus on AI Rollout
• Negative Sentiment: The market’s negative reaction indicates that investors may have wanted stronger forward guidance or more detail on how quickly AI investments will translate into incremental revenue and profits. With TRI trading at a relatively elevated valuation, a strong quarter alone may not have been sufficient to meet expectations.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TRI. Invesco Ltd. lifted its position in Thomson Reuters by 9.9% during the fourth quarter. Invesco Ltd. now owns 2,476,965 shares of the company’s stock valued at $326,687,000 after purchasing an additional 223,722 shares during the last quarter. Corient Private Wealth LLC increased its holdings in shares of Thomson Reuters by 5.9% in the 4th quarter. Corient Private Wealth LLC now owns 20,014 shares of the company’s stock worth $2,640,000 after buying an additional 1,107 shares during the last quarter. Alberta Investment Management Corp purchased a new stake in shares of Thomson Reuters during the 4th quarter valued at $2,112,000. Coastal Bridge Advisors LLC raised its position in shares of Thomson Reuters by 7.8% during the 4th quarter. Coastal Bridge Advisors LLC now owns 6,184 shares of the company’s stock valued at $816,000 after buying an additional 445 shares in the last quarter. Finally, Empowered Funds LLC bought a new stake in shares of Thomson Reuters during the 4th quarter worth $30,000. 17.31% of the stock is currently owned by institutional investors.

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.