Thomson Reuters Q2 2024 Adj. EPS $0.85 Beats $0.82 Estimate, Sales $1.740B Miss $1.751B Estimate
Portfolio Pulse from Benzinga Newsdesk
Thomson Reuters reported Q2 2024 adjusted EPS of $0.85, beating the estimate of $0.82. However, sales were $1.740 billion, missing the estimate of $1.751 billion.
August 01, 2024 | 10:32 am
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Thomson Reuters reported mixed Q2 2024 results with EPS beating estimates but sales missing expectations. This could lead to a mixed reaction in the stock price.
The beat on EPS is a positive sign, indicating better profitability. However, the miss on sales could raise concerns about revenue growth. The mixed results are likely to result in a neutral short-term impact on the stock price.
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