It can, depending on the dye and process. That is precisely why Thiourea Dioxide should be evaluated using instrumental color measurement.
Recommended measurements: ΔE, K/S, reflectance, whiteness index and wash fastness.
For polyester reduction clearing, the desired outcome is usually removal of unfixed/surface dye while preserving the intended shade.
Reduction clearing is specifically intended to remove surplus/unfixed disperse dye and improve fastness.