Core Viewpoint - Thomson Reuters (TRI) is expected to report quarterly earnings of $1.06 per share, reflecting a year-over-year decline of 4.5%, with revenues projected at $1.92 billion, an increase of 1.8% compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 2.6% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Revenues- Legal Professionals' at $696.75 million, a decrease of 3.4% year over year [5]. - 'Revenues- Tax & Accounting Professionals' are expected to reach $366.88 million, reflecting an increase of 11.9% from the previous year [5]. - 'Revenues- Global Print' are projected at $119.85 million, indicating a decline of 3.3% year over year [5]. - 'Revenues- Corporates' are estimated at $553.36 million, showing a year-over-year increase of 9.1% [6]. - 'Revenues- Reuters News' are expected to be $186.80 million, reflecting a decline of 11.1% year over year [6]. Adjusted EBITDA Estimates - 'Adjusted EBITDA- Legal Professionals' is projected at $327.02 million, down from $342 million in the same quarter last year [7]. - 'Adjusted EBITDA- Corporates' is estimated at $202.65 million, compared to $193 million in the previous year [7]. - 'Adjusted EBITDA- Reuters News' is forecasted to be $36.00 million, down from $60 million year over year [8]. - 'Adjusted EBITDA- Global Print' is expected to reach $44.23 million, down from $47 million in the same quarter last year [8]. - 'Adjusted EBITDA- Tax & Accounting Professionals' is estimated at $197.30 million, up from $181 million in the same quarter last year [8]. Stock Performance - Shares of Thomson Reuters have increased by 6.2% over the past month, contrasting with a decline of 4.3% in the Zacks S&P 500 composite [9]. - The company holds a Zacks Rank 3 (Hold), indicating it is expected to perform in line with the overall market in the near future [9].
Unveiling Thomson Reuters (TRI) Q1 Outlook: Wall Street Estimates for Key Metrics