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Thomson Reuters Earnings Calls
| Release date | Nov 03, 2025 |
| EPS estimate | $1.17 |
| EPS actual | $1.21 |
| EPS Surprise | 3.42% |
| Revenue estimate | 2.504B |
| Revenue actual | 2.538B |
| Revenue Surprise | 1.34% |
| Release date | Aug 06, 2025 |
| EPS estimate | $1.14 |
| EPS actual | $1.21 |
| EPS Surprise | 6.14% |
| Revenue estimate | 2.485B |
| Revenue actual | 2.432B |
| Revenue Surprise | -2.13% |
| Release date | Apr 30, 2025 |
| EPS estimate | $1.42 |
| EPS actual | $1.49 |
| EPS Surprise | 4.93% |
| Revenue estimate | 2.633B |
| Revenue actual | 2.706B |
| Revenue Surprise | 2.77% |
| Release date | Feb 06, 2025 |
| EPS estimate | $1.34 |
| EPS actual | $1.44 |
| EPS Surprise | 7.46% |
| Revenue estimate | 2.674B |
| Revenue actual | 2.745B |
| Revenue Surprise | 2.66% |
Last 4 Quarters for Thomson Reuters
Below you can see how TRI.TO performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Feb 06, 2025 |
| Price on release | $253.21 |
| EPS estimate | $1.34 |
| EPS actual | $1.44 |
| EPS surprise | 7.46% |
| Date | Price |
|---|---|
| Jan 31, 2025 | $244.23 |
| Feb 03, 2025 | $246.34 |
| Feb 04, 2025 | $240.55 |
| Feb 05, 2025 | $237.57 |
| Feb 06, 2025 | $253.21 |
| Feb 07, 2025 | $252.31 |
| Feb 10, 2025 | $256.07 |
| Feb 11, 2025 | $255.21 |
| Feb 12, 2025 | $251.25 |
| 4 days before | 3.68% |
| 4 days after | -0.774% |
| On release day | -0.355% |
| Change in period | 2.87% |
| Release date | Apr 30, 2025 |
| Price on release | $256.53 |
| EPS estimate | $1.42 |
| EPS actual | $1.49 |
| EPS surprise | 4.93% |
| Date | Price |
|---|---|
| Apr 24, 2025 | $252.28 |
| Apr 25, 2025 | $251.73 |
| Apr 28, 2025 | $252.04 |
| Apr 29, 2025 | $254.72 |
| Apr 30, 2025 | $256.53 |
| May 01, 2025 | $257.05 |
| May 02, 2025 | $254.64 |
| May 05, 2025 | $256.60 |
| May 06, 2025 | $256.31 |
| 4 days before | 1.68% |
| 4 days after | -0.0858% |
| On release day | 0.203% |
| Change in period | 1.60% |
| Release date | Aug 06, 2025 |
| Price on release | $247.36 |
| EPS estimate | $1.14 |
| EPS actual | $1.21 |
| EPS surprise | 6.14% |
| Date | Price |
|---|---|
| Jul 30, 2025 | $276.23 |
| Jul 31, 2025 | $278.08 |
| Aug 01, 2025 | $277.45 |
| Aug 05, 2025 | $275.03 |
| Aug 06, 2025 | $247.36 |
| Aug 07, 2025 | $249.70 |
| Aug 08, 2025 | $247.39 |
| Aug 11, 2025 | $241.00 |
| Aug 12, 2025 | $234.63 |
| 4 days before | -10.45% |
| 4 days after | -5.15% |
| On release day | 0.95% |
| Change in period | -15.06% |
| Release date | Nov 03, 2025 |
| Price on release | $218.92 |
| EPS estimate | $1.17 |
| EPS actual | $1.21 |
| EPS surprise | 3.42% |
| Date | Price |
|---|---|
| Oct 28, 2025 | $225.46 |
| Oct 29, 2025 | $213.19 |
| Oct 30, 2025 | $216.17 |
| Oct 31, 2025 | $214.84 |
| Nov 03, 2025 | $218.92 |
| Nov 04, 2025 | $206.63 |
| Nov 05, 2025 | $203.53 |
| Nov 06, 2025 | $196.24 |
| Nov 07, 2025 | $192.99 |
| 4 days before | -2.90% |
| 4 days after | -11.84% |
| On release day | -5.61% |
| Change in period | -14.40% |
Thomson Reuters Earnings Call Transcript Summary of Q3 2025
Thomson Reuters reported solid Q3 2025 results with organic revenue up 7% overall and the "Big 3" segments (Legal Professionals, Corporates, Tax & Accounting) growing 9% collectively. Adjusted EBITDA rose 10% to $672 million and margins expanded 240 basis points to 37.7%. Key drivers included strong Westlaw and CoCounsel momentum, double-digit growth in several franchises (SafeSend, Pagero, Indirect Tax, international businesses), and good cost discipline. Management reaffirmed full-year 2025 revenue and profit guidance while noting three temporary drags (slower commercial print ramp, a few U.S. federal government cancellations/downgrades, and softer corporate bookings following internal sales reorganization). They completed a $1 billion share repurchase program and finished the quarter with low net leverage (0.6x). Looking to 2026, the company updated its financial framework: organic revenue of 7.5%–8% (Big 3 ~9.5%), larger margin expansion (now ~100 bps of adjusted EBITDA improvement vs. prior ~50 bps), and higher free cash flow guidance (~$2.1 billion). Management emphasized the defensibility of core content (Westlaw editorial enhancements, Key Number System, KeyCite, headnotes) and the competitive opportunity from Agentic/AI offerings, while committing to continued AI/product investment and selective M&A using significant capital capacity (~$9 billion through 2027).
