Thomson Reuters Corp (TRI) to Release Quarterly Earnings on Wednesday
Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) will issue its quarterly earnings data before the market opens on Wednesday, November 1st. Analysts expect the company to announce earnings of C$0.58 per share for the quarter.
Shares of Thomson Reuters Corp (TRI) opened at 60.23 on Wednesday. The firm has a market capitalization of $43.05 billion and a PE ratio of 14.79. Thomson Reuters Corp has a 12 month low of $52.31 and a 12 month high of $62.83. The stock has a 50 day moving average of $57.25 and a 200-day moving average of $58.55.
Several equities research analysts recently commented on TRI shares. TD Securities decreased their price objective on shares of Thomson Reuters Corp to C$77.00 and set a “hold” rating on the stock in a research report on Thursday, July 20th. National Bank Financial boosted their price objective on shares of Thomson Reuters Corp from C$64.00 to C$66.00 and gave the stock an “outperform” rating in a research report on Monday, July 31st. Royal Bank Of Canada reiterated a “sector perform” rating and issued a C$59.00 price objective on shares of Thomson Reuters Corp in a research report on Thursday, August 3rd. Finally, Scotiabank boosted their price objective on shares of Thomson Reuters Corp to C$47.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. Thomson Reuters Corp presently has a consensus rating of “Buy” and a consensus price target of C$60.88.
ILLEGAL ACTIVITY NOTICE: This report was first posted by American Banking News and is the property of of American Banking News. If you are accessing this report on another publication, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this report can be read at https://www.americanbankingnews.com/2017/10/25/thomson-reuters-corp-tri-to-release-quarterly-earnings-on-wednesday.html.
In related news, Director Peter Warwick sold 91,156 shares of the business’s stock in a transaction dated Friday, August 18th. The shares were sold at an average price of C$45.87, for a total value of C$4,181,325.72. Also, Director Neil Thomas Masterson sold 92,165 shares of the business’s stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of C$47.52, for a total transaction of C$4,379,680.80. Insiders sold a total of 262,421 shares of company stock valued at $12,324,147 in the last three months.
About Thomson Reuters Corp
Thomson Reuters Corp (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.
Receive News & Ratings for Thomson Reuters Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thomson Reuters Corp and related companies with MarketBeat.com's FREE daily email newsletter.