Thomson Reuters Misses Earnings Estimates (TRI)

New York, New York-based Thomson Reuters Corporation TRI announced on Thursday morning that it missed consensus Wall Street earnings estimates. Thomson Reuters Corporation reported that its 4th quarter net earnings rose to $225 million, or 27 cents per share, up from $182 million, or 21 cents per share, a year earlier. Excluding special items, the company's earnings came in at 43 cents per share. Thomson Reuters Corporation reported revenue of $3.46 billion, up 3% from $3.36 billion a year earlier. According to a survey of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 46 cents per share, on revenue of $3.43 billion. Thomson Reuters Corporation (TRI) closed the previous trading day at $Thomson Reuters Corporation TRI per share. Analysts covering the company's stock give it a consensus price target of $41.56 per share. Thomson Reuters Corporation delivers critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets. Read more from Benzinga's Company news.
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Posted In: EarningsNewsConsumer DiscretionaryPublishing
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