Thomson Reuters Reports Fourth-Quarter and Full-Year 2020 Results

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Thomson Reuters (TRI) Tops Q4 EPS by 53c, Revenues Miss

February 23, 2021 6:35 AM EST

Thomson Reuters (NYSE: TRI) reported Q4 EPS of $1.18, $0.53 better than the analyst estimate of $0.65. Revenue for the quarter came in at $1.62 billion versus the consensus estimate of $2.92 billion.

Fourth-Quarter Highlights

IFRS revenues and organic revenues up 2%"Big 3" revenues up 4%; organic revenues up 5%IFRS operating profit up 343%Adjusted EBITDA up 33%; adjusted EBITDA margin of 32.5%

"We are very pleased with our results for the fourth quarter and the... More