Thomson Reuters (TRI) Misses Q1 EPS by 7c

Thomson Reuters (NYSE: TRI) reported Q1 EPS of $0.58, $0.07 worse than the analyst estimate of $0.65.

"Our first-quarter performance reflects a strong start to the year, and we are encouraged by the momentum we see building. Our customers are more confident in an improving economic environment and those positive prevailing tailwinds were reflected in strong sales across our businesses. Despite the improving outlook, risks remain as the pandemic is still significantly impacting many parts of the world. However, we are encouraged by the first quarter's results and our increasing confidence is reflected in our new outlook for the second quarter and the increase to the low end of our revenue outlook for the full year," said Steve Hasker, president and CEO of Thomson Reuters.

For earnings history and earnings-related data on Thomson Reuters (TRI) click here.

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