Thomson Reuters reported third-quarter 2026 results on Nov. 3. Headlines said earnings and revenue both fell short of estimates, but the supplied information doesn’t include the reported figures, the size of the misses or management’s explanation. The shares closed at C$157.92, up 3.05% on the day.
Investor takeaway: The headlines point to Q3 earnings and revenue below estimates, but the available facts don’t show how large the shortfalls were or what caused them.
Q3 earnings and revenue lagged estimates
Thomson Reuters Corp
TRI.TO
TRI.TO
Thomson Reuters Corp
WealthAwesomeMarket cap
$71.64B
P/E
31.9x
Div. yield
1.56%
Div. / share
$2.54
52W high
$202.98
52W low
$106.04
1W change
-0.48%
Beta
0.20
Analyst Price Targets
Based on analyst covering TRI · as of Nov 2, 2026
Wall Street analysts forecast TRI stock price to rise 45.9% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$178.31
+45.9% Upside
Previously C$178.56 on Oct 30, 2026
Current Price
C$122.24
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on TRI's historical volatility
30-Day Vol
32.3%
Annualized
90-Day Vol
56.1%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$203.73
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$180.86 | C$161.77 – C$202.21 |
| 60 trading days | C$191.95 | C$163.94 – C$224.76 |
| 90 trading days | C$203.73 | C$167.93 – C$247.15 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
The headlines report misses against estimates but don’t provide the actual results or comparisons.
Bull case
The supplied figures show a 21.2% profit margin and 14.2% return on equity. The shares also gained 22.32% over the past month.
Bear case
Q3 earnings and revenue fell short of estimates. The available information doesn’t say by how much or why.
What happened: Q3 results came with a reported miss
Thomson Reuters reported its third-quarter 2026 results on Nov. 3. A separate headline that day said Q3 earnings and revenue lagged estimates. The supplied information doesn’t include the results, the estimates used for comparison or an explanation for the misses. It also doesn’t include management guidance or commentary, so the headlines alone don’t show what drove the results. Visit the Thomson Reuters share page.
What the numbers show: shares rose as volume stayed below average
Thomson Reuters closed at C$157.92, up 3.05% for the day. Trading volume was 316,988 shares, compared with a 20-day average of 760,935, or 0.76 times the average. The shares gained 22.32% over one month, fell 0.48% over one week and rose 1.82% year to date. These figures show how the shares moved, but don’t establish that the Q3 report caused the daily gain. Listed fundamentals include a 21.2% profit margin, 14.2% return on equity and trailing P/E of 31.9. See TRI.TO analyst ratings for analyst information.
What to watch next: reported figures and explanation of the misses
The main unanswered questions are the actual Q3 earnings and revenue, how far each fell short of estimates, and what explanation or outlook management provided. The supplied information doesn’t include those details. For now, the headlines show only that both measures missed estimates. They don’t reveal whether the gaps were small or large, or what they could mean for future performance.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
