Thomson Reuters Corp (NYSE:TRI) (TSE:TRI) is scheduled to be announcing its earnings results before the market opens on Wednesday, November 1st. Analysts expect the company to announce earnings of $0.57 per share for the quarter. Thomson Reuters Corp has set its FY17 guidance at $2.40-2.45 EPS.

Thomson Reuters Corp (NYSE:TRI) (TSE:TRI) last issued its quarterly earnings results on Tuesday, August 1st. The business services provider reported $0.60 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.09. Thomson Reuters Corp had a return on equity of 13.64% and a net margin of 26.81%. The firm had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.78 billion. During the same period last year, the company earned $0.50 EPS. Thomson Reuters Corp’s quarterly revenue was up .5% compared to the same quarter last year. On average, analysts expect Thomson Reuters Corp to post $2.43 EPS for the current fiscal year and $2.65 EPS for the next fiscal year.

Shares of Thomson Reuters Corp (NYSE TRI) opened at 47.49 on Wednesday. The company’s 50 day moving average price is $46.17 and its 200-day moving average price is $45.36. The company has a market capitalization of $33.94 billion, a price-to-earnings ratio of 11.66 and a beta of 0.75. Thomson Reuters Corp has a 52 week low of $39.23 and a 52 week high of $48.61.

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A number of research analysts have commented on the company. Morgan Stanley upped their price target on Thomson Reuters Corp from $51.00 to $52.00 and gave the stock an “equal weight” rating in a research note on Monday. Credit Suisse Group assumed coverage on Thomson Reuters Corp in a research note on Tuesday. They set a “neutral” rating and a $52.00 price target on the stock. Piper Jaffray Companies restated a “hold” rating and set a $50.00 price target on shares of Thomson Reuters Corp in a research note on Thursday, August 3rd. Royal Bank Of Canada set a $45.00 price target on Thomson Reuters Corp and gave the stock a “hold” rating in a research note on Thursday, July 27th. Finally, Scotiabank upgraded Thomson Reuters Corp from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $47.00 to $55.00 in a research note on Tuesday, October 17th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $51.92.

Thomson Reuters Corp Company Profile

Thomson Reuters Corporation (Thomson Reuters) is a Canada-based provider of news and information for professional markets. The Company is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. The Financial & Risk unit is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals.

Earnings History for Thomson Reuters Corp (NYSE:TRI)

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