Core Insights - Thomson Reuters is expected to report quarterly earnings of $1.06 per share, reflecting a 5% increase year-over-year, with revenues projected at $2.01 billion, a 5.2% year-over-year increase [1] Earnings Estimates - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate revisions and short-term stock price performance [2] Revenue Projections - Analysts estimate 'Revenues- Legal Professionals' will reach $744.08 million, indicating a 2.1% year-over-year change [4] - 'Revenues- Tax & Accounting Professionals' are projected at $416.51 million, suggesting a 13.8% year-over-year increase [4] - 'Revenues- Global Print' is expected to be $136.80 million, indicating a 5% year-over-year decline [4] - 'Revenues- Reuters News' is estimated at $225.63 million, reflecting a 3.5% increase from the prior year [5] - 'Revenues- Corporates' is projected at $490.56 million, indicating a 7.1% year-over-year increase [5] Adjusted EBITDA Estimates - 'Adjusted EBITDA- Legal Professionals' is expected to reach $322.81 million, up from $299.00 million in the same quarter last year [6] - 'Adjusted EBITDA- Corporates' is estimated at $163.53 million, compared to $153.00 million a year ago [6] - 'Adjusted EBITDA- Reuters News' is projected at $47.43 million, up from $45.00 million year-over-year [7] - 'Adjusted EBITDA- Global Print' is expected to be $51.91 million, down from $55.00 million year-over-year [7] - 'Adjusted EBITDA- Tax & Accounting Professionals' is estimated at $227.41 million, compared to $196.00 million last year [7] Stock Performance - Shares of Thomson Reuters have decreased by 15.7% over the past month, contrasting with a 1.8% increase in the Zacks S&P 500 composite [8] - The company holds a Zacks Rank 3 (Hold), indicating it is expected to mirror overall market performance in the near future [8]
Unveiling Thomson Reuters (TRI) Q4 Outlook: Wall Street Estimates for Key Metrics