Report
Colin Plunkett
EUR 100.00 For Business Accounts Only

Post Divestiture a New Thomson Reuters Emerges

Narrow-moat Thomson Reuters’ fourth quarter marks the first period since the company shed 55% of its financial and risk business. Though the company’s balance sheet is coming into focus, its income statement remains quite blurry. For the quarter, the company generated $6.18 in earnings per share. However, $6.32 of this came from gains in its discontinued operations while Thomson Reuters’ continuing operations produced a GAAP loss of $0.14 per share. Adjusted EPS was $0.20, which we find reasonab...
Underlying
Thomson Reuters

Thomson Reuters provides source of news and information. Co. operates three business: Financial & Risk, a provider of news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals, as well as a provider of regulatory and operational risk management solutions; Legal, a provider of online and print information, decision tools, software and services that support legal, investigation, business and government professionals; and Tax & Accounting, a provider of integrated tax compliance and accounting information, software and services for professionals in accounting firms, corporations, law firms and government.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Colin Plunkett

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