Thomson Reuters Reports Second-Quarter 2016 Results

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Go back to Thomson Reuters Reports Second-Quarter 2016 Results

BMO Capital Raises Price Target on Thomson Reuters (TRI) to $60; Reiterates Outperform

July 29, 2016 9:27 AM EDT

BMO Capital reiterated an Outperform rating on Thomson Reuters (NYSE: TRI), and raised the price target to $60.00 (from $57.50), following the company's 2Q earnings report.

Analyst Tim Casey commented, "Thomson Reuters' Q2/16 results were soft due to factors specific to the quarter but the... More

Thomson Reuters (TRI) Tops Q2 EPS by 1c

July 28, 2016 6:35 AM EDT

Thomson Reuters (NYSE: TRI) reported Q2 EPS of $0.50, $0.01 better than the analyst estimate of $0.49. Revenue for the quarter came in at $2.77 billion versus the consensus estimate of $2.83 billion.

"Our core business showed resilience and we continued to make progress throughout the second quarter... More