Thomson Reuters Q3 EPS $0.82 Beats $0.71 Estimate, Sales $1.59B Miss $1.61B Estimate
Portfolio Pulse from Benzinga Newsdesk
Thomson Reuters reported Q3 earnings of $0.82 per share, beating the analyst consensus estimate of $0.71 by 15.49%. This is a 38.98% increase from the same period last year. However, the company's quarterly sales of $1.59 billion missed the analyst consensus estimate of $1.61 billion by 0.99%. This is a 1.27% increase from the same period last year.
November 01, 2023 | 10:42 am
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Thomson Reuters beat Q3 earnings estimates but missed on sales. Earnings per share were $0.82, up 38.98% YoY, while sales were $1.59 billion, missing estimates by 0.99%.
Thomson Reuters' stock may experience mixed reactions due to the company's Q3 results. While the earnings beat could drive some positive sentiment, the sales miss might offset this optimism. The net impact could be neutral in the short term.
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