4 Business Services Firms Poised to Top Estimates This Earnings Season
DUOL, DAVE, TRI and COHR are set to stand out this earnings season, each displaying solid growth estimates and robust momentum across the business services sector.
Thomson Reuters Corporation delivers essential business information services worldwide, with operations spanning the Americas, Europe, the Middle East, Africa, and the Asia ...
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$2.54 per share
Est. EPS $0.91 · Revenue $1.93B · 8 analysts
Est. EPS $1.33 · Revenue $2.19B · 8 analysts
Est. EPS $4.48 · Revenue $8.19B · 9 analysts
$2.54 per share
EPS $1.01 · Revenue $1.95B
EPS $1.03 · Revenue $2.09B
EPS $3.40 · Revenue $7.48B
EPS $0.94 · Revenue $1.78B
EPS $0.69 · Revenue $1.78B
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $7.5B | +3.0% | -6.4% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $1.5B | -32.0% | -2.4% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +75.8% | +0.6% | -50.2% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +26.6% | -8.4% | -6.3% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +20.1% | -34.0% | +4.2% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $2.1B | +16.5% | +107.0% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +27.5% | +13.1% | +121.0% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 17.8% | -30.6% | +38.0% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.64x | -36.6% | -15.6% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $17.9B | -2.7% | +0.3% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 3.40 vs 3.99 | -14.8% | 1.01 vs 0.91 | +10.6% |
| Revenue Surprise | $7.5B vs $7.5B | -0.8% | $2.0B vs $1.9B | +1.1% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Jul 25, 2007 | HALVERSTADT DONALD B | director | Stock Option (right to buy) | D | 7,500 | $40.84 |
| Jul 25, 2007 | HALVERSTADT DONALD B | director | Stock Option (right to buy) | D | 8,000 | $34.19 |
| Jul 25, 2007 | HALVERSTADT DONALD B | director | Stock Option (right to buy) | D | 18,000 | $24.98 |
| Jul 25, 2007 | HALVERSTADT DONALD B | director | Stock Option (right to buy) | D | 7,500 | $24.45 |
| Jul 25, 2007 | HALVERSTADT DONALD B | director | Common Stock | D | 5,643 | $54.00 |
Operator: Good day, everyone, and welcome to the Thomson Reuters Second Quarter Earnings Call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Mr. Gary Bisbee, Head of Investor Relations. Please go ahead. Gary Bisbee: Thanks, Jennifer. Good morning, and thanks, everybody, for joining us today for our second quarter 2026 earnings call. I'm joined by our CEO, Steve Hasker; and our CFO, Gary Bischoping. Steve and Gary will discuss our results, and then we'll take your questions following the prepared remarks. [Operator Instructions] Throughout today's presentation, when we compare performance period-on-period, we discuss revenue growth before currency as well as on an organic basis. We believe this provides the best basis to measure the underlying performance of the business. Today's presentation contains forward-looking statements and non-IFRS and other supplementary financial measures, which are discussed on the special note slide. Actual results may differ materially due to a number of risks and uncertainties discussed in reports and filings that we provide to regulatory agencies. You may access these documents on our website or by contacting our Investor Relations department. Let me now turn it over to Steve Hasker. Stephen Hasker: Thank you, Gary, and thanks to all of you for joining us today. Our strong start to 2026 continued in the second quarter, with revenue growth ahead of our prior expectations and margins in line. Total company organic revenues rose 8%, with the Big 3 accelerating to 10% organic growth, up from 9% in recent quarters. The acceleration was driven by Legal Professionals and Corporates, which both also accelerated to 10%, up from 9% last quarter. We are raising our full year 2026 outlook for total and organic revenue growth to approximately 8% or the high end of the prior 7.5% to 8% range. We're also raising our Big 3 total and organic revenue outlooks to a range of 9.5% to 10%, up from the prior approximately 9.5%. We continue to forecast margins rising year-over-year to approximately 40%. On July 14, we were pleased to announce the signing of a definitive agreement with KKR to form a joint venture to operate the Global Print business, where we will sell a 51% stake for approximately $500 million. We're excited about this transaction, which will sharpen our focus on content-powered AI solutions serving fiduciaries, while setting up an independent business to serve our customers' print needs. The transaction provides attractive proceeds to TR and will be modestly accretive to organic revenue growth. Gary will provide additional details in a few minutes. We continue to invest heavily and remain encouraged by the growing success of our innovation engines. Commercial momentum across our AI-enabled offerings continues to build, and our pipeline of features and offerings in development continues to grow. In a moment, I'll provide an update on Thomson, our proprietary large language …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Stephen John Hasker | President, Chief Executive Officer & Director | USD 3,586,278 | Male | 1970 | Active |
Kirsty Roth | Chief Operations Officer | USD 1,875,712 | Female | 1975 | Active |
Paul J. Bascobert | President of Reuters News | USD 1,797,727 | Male | 1964 | Active |
Gary Edward Bischoping Jr. | Chief Financial Officer | USD 1,645,439 | Male | 1968 | Active |
David Wong | Chief Product Officer | USD 1,477,022 | Male | 1985 | Active |
Amy Messano | Chief Marketing & Communications Officer | — | Female | 1971 | Active |
Norie C. Campbell | Chief Legal Officer & Company Secretary | — | Female | 1972 | Active |
Taneli D. Ruda | Chief Strategy Officer | — | Male | 1975 | Active |
Gary Elftman Bisbee | Head of Investor Relations | — | Male | — | Active |
Jason Williams | Chief People Officer | — | Male | — | Active |
DUOL, DAVE, TRI and COHR are set to stand out this earnings season, each displaying solid growth estimates and robust momentum across the business services sector.
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TORONTO and NEW YORK, July 14, 2026 /PRNewswire/ -- Thomson Reuters Corporation (TSX/Nasdaq: TRI) today announced that it has signed a definitive agreement to enter into a joint venture with KKR, a leading global investment firm. As part of the transaction, Thomson Reuters will sell a 51% stake in its Global Print business to capital accounts advised by KKR.