Thomson Reuters (NYSE: TRI) reported Q2 EPS of $0.44, $0.14 worse than the analyst estimate of $0.58. Revenue for the quarter came in at $1.41 billion versus the consensus estimate of $2.95 billion.

"I am pleased to report that the company met or exceeded each of the financial guidance metrics provided in May for the second quarter. And, given our performance for the second quarter and first half, we have increasing confidence in how our businesses will perform over the remainder of the year. Therefore, we are raising our free cash flow outlook and reaffirming the rest of our full-year 2020 guidance," said Steve Hasker, President and CEO of Thomson Reuters.

"I again want to express my appreciation to our employees for their flexibility, fortitude and ongoing support of our customers as they shifted from the office to working from home. Importantly, we have seen an improvement in both productivity and customer satisfaction during this period."

"As we look ahead, we see tangible opportunities to better serve our customers with solutions that are digital, virtual, real-time and automated. Today's environment has reinforced that view, and our customers are demanding it. We have an opportunity to reimagine the end-to-end customer experience through simplification, innovation and enhanced product integration, which I believe will present substantive opportunities to further fuel our growth and realize substantial efficiencies."

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