Thomson Reuters Q3 results miss estimates, stock drops about 10%
Thomson Reuters reported third‑quarter earnings of $0.81 per share and revenue of $1.83 billion, both below analyst forecasts. Revenue grew 10% year‑over‑year, but the company guided slower fourth‑quarter growth and raised its full‑year organic revenue outlook to 8.5%‑9%. The results triggered a roughly 10% decline in TRI shares on November 3, 2026.
Why it matters
The company’s guidance of slower Q4 growth and a full‑year organic revenue target of 8.5%‑9% may pressure earnings expectations, which contributed to the share price drop. Investors will watch whether the announced AI investments and the recent sale of a 51% stake in the print business for $500 million translate into higher margins.
Key facts
- 1Adjusted earnings per share were $0.81. baystreet.ca
- 2Quarterly revenue was $1.83 billion. baystreet.ca
- 3Revenue increased 10% year‑over‑year. baystreet.ca
- 4Full‑year total revenue growth guidance was raised to 9.5%. baystreet.ca
- 5Management guided organic revenue growth of about 8% for Q4 2026. finance.yahoo.com
- 6The company completed the sale of a 51% stake in its global print business to KKR for $500 million. baystreet.ca
Open questions
- Analyst EPS consensus differs: $0.83 vs. $0.89.
- Analyst revenue consensus differs: $1.84 billion vs. $1.91 billion.
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.