Thomson Reuters Reports First-Quarter 2021 Results

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Go back to Thomson Reuters Reports First-Quarter 2021 Results

CIBC Downgrades Thomson Reuters (TRI) to Neutral Following Earnings Citing Valuation

May 4, 2021 4:28 PM EDT

CIBC analyst Robert Bek downgraded Thomson Reuters (NYSE: TRI) from Outperformer to Neutral with a price target of $102.00 (from $95.00).

The analyst comments "

We increase our price target for Thomson Reuters to $102 (from $95 previously) on the back of a big Q1 beat and... More

Thomson Reuters (TRI) Misses Q1 EPS by 7c

May 4, 2021 6:38 AM EDT

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... More