Thomson Reuters beats Q3 profit, revenue estimates, reaffirms FY forecasts

Thomson Reuters

04/11/2025 11:37

Overview

Thomson Reuters Q3 revenue grows 3%, beating analyst expectations

Adjusted EPS for Q3 beats consensus, reflecting strong operational performance

Company completed $1.0 bln share repurchase program, indicating financial confidence

Outlook

Thomson Reuters reaffirms 2025 outlook, expects revenue growth at lower end of ranges

Company raises 2026 adjusted EBITDA margin expansion expectations to 100 basis points

Thomson Reuters anticipates 2026 free cash flow of approximately $2.1 bln

Result Drivers

AI-DRIVEN INNOVATION - Co attributes organic revenue growth to AI solutions like CoCounsel Legal and CoCounsel for tax, audit, and accounting

SHARE REPURCHASE - Co completed $1.0 bln share repurchase program, indicating financial confidence

OPERATING PROFIT INCREASE - Operating profit rose 43% due to gain from sale of Elite business interest and higher revenues

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.78 bln
$1.77 bln (10 Analysts)
Q3 Adjusted EPS
Beat
$0.85
$0.82 (12 Analysts)
Q3 EPS
$0.94


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the professional information services peer group is "buy"

The stock recently traded at 36 times the next 12-month earnings vs. a P/E of 48 three months ago

Press Release: ID:nCNWGJT4Na

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)