Thomson Reuters Q4 Adj EPS $0.98 Beats $0.90 Estimate, Sales $1.81B Miss $1.82B Estimate
Portfolio Pulse from Benzinga Newsdesk
Thomson Reuters reported its Q4 adjusted earnings per share (EPS) at $0.98, surpassing the estimated $0.90. However, its sales of $1.81 billion fell short of the expected $1.82 billion.
February 08, 2024 | 11:32 am
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Thomson Reuters exceeded Q4 EPS expectations but missed on sales forecasts.
The mixed results with an earnings beat but a slight miss on sales forecasts could lead to neutral market sentiment towards TRI in the short term. Investors might appreciate the higher profitability but be concerned about the sales performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90