Thomson Reuters Corporation (TRI) earnings on August 5, 2026

Before the market opens Q2 2026

More Thomson Reuters Corporation earnings

Prior outlook: No statistical edge

Thomson Reuters beat profit and sales estimates and raised its outlook, but the stock fell sharply.

TRI price around the earnings

98.61

Change: -9.7%

2026-08-05, 20:00 UTC

Start of the measured window End of the measured window
97.86 103.04 108.22 113.41 109.24
Price series around the eventClosing price per minute from before the event to the end of the measured window.
August 5, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: No statistical edge

Thesis published
Results released

Strong 100% beat rate with KKR catalyst, but trajectory collapsed from +69.8 to +16.6 and analyst upside limited to 9.5%.

Context analyzed before publication

Trend
Sharp decline from +69.8 to +16.6 on event day - trend strength exhausted, sell-the-news risk elevated

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.83
Analysts covering the stock
12
Average price target
119.5
Lowest price target
85
Highest price target
146
Upside to price target
9.5%
Quarterly earnings growth
5.8%
Revenue growth
9.8%
Forward EPS
5.03
Trailing EPS
3.73
Analyst moves in the last 60 days
1
  • Strong buy: 5
  • Buy: 8
  • Hold: 5
  • Sell: 0
  • Strong sell: 0
Strong buy
5
Buy
8
Hold
5
Sell
0
Strong sell
0
  • June 30, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%
News
Sources (1)

Technicals

Evidence

Price when the context was analyzed
109.24
Average true range (ATR)
5.3%
Distance to 52-week high
-43.3%
14-day change (14d)
+20.4%
30-day change (33d)
+22.4%
30-day relative strength
+20.9%
QQQ change (33d)
+1.6%
Nearest support
107.99
Distance to nearest support
1.2%
Nearest resistance
109.36
Distance to nearest resistance
0.1%
Volume accumulation ratio (14d / 46d)
1.4
  • Mid: 107.99 (1.2% away, 0.22 ATR, 8 touches)
  • Minor: 107.02 (2% away, 0.38 ATR, 1 touches)
  • Mid: 105.68 (3.3% away, 0.62 ATR, 4 touches)
  • Mid: 109.36 (0.1% away, 0.02 ATR, 2 touches)
  • Minor: 110.27 (1% away, 0.18 ATR, 1 touches)
  • Minor: 111.57 (2.1% away, 0.4 ATR, 4 touches)

Trends

Evidence

Average earnings surprise
+2.4%
  • May 5, 2026: actual EPS 1.23 vs estimate 1.21 (surprise +1.3%)
  • February 5, 2026: actual EPS 1.09 vs estimate 1.08 (surprise +0.8%)
  • November 4, 2025: actual EPS 0.86 vs estimate 0.84 (surprise +2.9%)
  • August 6, 2025: actual EPS 0.88 vs estimate 0.85 (surprise +4.5%)

Expected move

Implied move
+3.2%
Source
Options chain

Reactions over its last 20 earnings

Median move
2.6%
75th percentile move
5%
90th percentile move
6.1%
Up / down moves
8 / 12
Average up move
+4.2%
Average down move
-2.8%

Monitoring and close

What Thomson Reuters Corporation reported

Status
Finished
Actual EPS0.99
EPS estimate0.96
EPS surprise+3.1%
Revenue$1,954 million
Revenue estimate$1,913 million
Revenue surprise+2.1%

Thomson Reuters beat Q2 expectations and raised its 2026 revenue guidance, driven by AI. The outlook is optimistic.

Sources (10)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating +0.8% pre-market, a move below the stock's usual reaction (about 3%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.

How the stock reacted

Consolidated
-9.4%
Max move
-10.4%

No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.