TRI Earnings Prediction
The chart below shows how TRI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TRI sees a -1.64% change in stock price 10 days leading up to the earnings, and a +1.96% change 10 days following the report. On the earnings day itself, the stock moves by +1.50%. This data can give you a slight idea of what to expect for the next quarter's release.
TRI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.72B
8.16%
-0.92%
Gross Margin
83.53%
-0.56%
-0.11%
Operating Margin
24.07%
-11.80%
2.38%
Net Margin
16.07%
-30.76%
-66.87%
EPS
0.67
-16.25%
-63.98%
No Data Available
TRI Earnings Analysis
Thomson Reuters Corporation Corporation (TRI.N) Earnings Conference Call
Positive
Organic Revenue Growth: Total company organic revenues grew 7% and the Big 3 segments growing by 9%.
Organic Revenue Growth Outlook: We are modestly increasing our fully year 2024 organic revenue growth outlook to approximately 7%, including approximately 8.5% for the Big 3 segments.
Portfolio Growth Momentum: We continue to see healthy momentum from many areas in our portfolio, including double-digit growth from key products, including Practical Law, Confirmation, Pagero, indirect tax and our international businesses.
2024 Investment Plans Progress: Our 2024 investment plans are on track as we execute against the ambitious product roadmap we discussed at our March Investor Day.
Capital Capacity Increase: We are currently estimating $10 billion of capital capacity through 2027, up from our previously discussed $8 billion through 2026.
Negative
EBITDA Decline Analysis: Total company adjusted EBITDA was $609 million, a 4% decline versus Q3 2023.
Quarterly EPS Comparison: Adjusted EPS was $0.80 for the quarter versus $0.82 in the prior year period.
Organic Print Revenue Decline: Organic print revenues declined 6%, in line with expectations.
EBITDA Decline and Margin Drop: Adjusted EBITDA fell 4% to $609 million, reflecting a 430 basis point margin decline to 35.3%.
Organic Revenue Decline: Global Print organic revenues met expectations, declining 6% year-on-year.
TRI FAQs
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TRI Earning Call Sentiment
Thomson Reuters Corporation (TRI) Q3 2024 Earnings Call Transcript
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TRI.N
0.86%Positive
The earnings call summary highlights strong revenue growth in Reuters News, raised revenue outlook, and significant capital capacity, which are positive indicators. The Q&A section reflects management's confidence in GenAI investments and disciplined M&A strategy, though there was some lack of clarity on margin impacts. Adjusted EBITDA decline is noted but attributed to growth investments. Overall, the positive elements, including optimistic guidance and strong GenAI product adoption, outweigh concerns, suggesting a positive stock movement.