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Unlocking Q3 Potential of Thomson Reuters (TRI): Exploring Wall Street Estimates for Key Metrics
Thomson ReutersThomson Reuters(US:TRI) ZACKSยท2024-10-31 14:20

Core Viewpoint - Thomson Reuters (TRI) is expected to report quarterly earnings of $0.78 per share, reflecting a year-over-year decline of 4.9%, while revenues are anticipated to reach $1.72 billion, indicating an 8% increase compared to the previous year [1] Revenue Estimates - Analysts project 'Revenues- Legal Professionals' to be $748.98 million, representing an 8.9% increase year-over-year [4] - 'Revenues- Tax & Accounting Professionals' is estimated at $220.85 million, showing an 8.8% increase from the year-ago quarter [4] - 'Revenues- Global Print' is expected to be $126.26 million, indicating a decline of 7.8% year-over-year [4] - 'Revenues- Corporates' is forecasted at $439.04 million, reflecting a 12.3% increase year-over-year [5] - 'Revenues- Reuters News' is projected to reach $190.30 million, marking a 5.7% increase from the previous year [5] Adjusted EBITDA Estimates - The consensus estimate for 'Adjusted EBITDA- Legal Professionals' is $337.99 million, nearly unchanged from the previous year's figure of $338 million [5] - 'Adjusted EBITDA- Corporates' is expected to be $165.43 million, slightly up from $164 million year-over-year [6] - 'Adjusted EBITDA- Reuters News' is projected at $32.54 million, down from $37 million in the same quarter last year [6] - 'Adjusted EBITDA- Global Print' is anticipated to be $43.88 million, a decrease from $55 million reported in the previous year [7] - 'Adjusted EBITDA- Tax & Accounting Professionals' is expected to reach $59.47 million, down from $64 million in the same quarter last year [7] Market Performance - Thomson Reuters shares have decreased by 2.4% over the past month, contrasting with a 1% increase in the Zacks S&P 500 composite [7]