Workflow
Thomson Reuters(TRI)
icon
Search documents
Thomson Reuters Third-Quarter 2025 Earnings Announcement and Webcast Scheduled for November 4, 2025
Prnewswire· 2025-10-01 15:00
Conference call and webcast scheduled for 9:00 a.m. EST TORONTO, Oct. 1, 2025 /PRNewswire/ -- Thomson Reuters (TSX/Nasdaq: TRI) announced today its third- quarter 2025 Earnings will be issued via news release on Tuesday, November 4, 2025. Steve Hasker, president and chief executive officer, and Mike Eastwood, chief financial officer, will host a conference call and simultaneous webcast that morning at 9:00 a.m. EST. Discussions may include forward- looking information. Accessibility StatementSkip Navigat ...
How this startup CTO went on to lead technology and AI for Thomson Reuters
Yahoo Finance· 2025-10-01 14:13
When Thomson Reuters acquired ThoughtTrace in 2022, it scooped up a software provider that relied on artificial intelligence and machine learning to analyze documents and contracts for sector-specific use cases in industries like real estate and energy. The company also got a future chief technology officer out of the deal. Joel Hron, who had served as CTO of ThoughtTrace at the time of the acquisition, came into the fold at Thomson Reuters as a VP of technology to spearhead integration into the larger c ...
Supio Partners with Thomson Reuters to Bring AI to Personal Injury Law Firms
Businesswire· 2025-09-18 18:00
NEW YORK--(BUSINESS WIRE)--Supio today announced a strategic partnership with Thomson Reuters, a global content and technology company, unveiled at Supio Summit. Through this collaboration, Thomson Reuters customers will have the ability to leverage Supio's AIpowered CaseAware AIâ"¢ platform into its legal technology portfolio, unlocking advanced case preparation tools for personal injury law firms across the United States, a market estimated at approximately $61.3 billion in 2024. Personal inju. ...
Wells Fargo Upgrades Thomson Reuters To Overweight, Shares Gain 2%
Financial Modeling Prep· 2025-09-09 15:45
Core Viewpoint - Wells Fargo upgraded Thomson Reuters from Equal Weight to Overweight and increased its price target from $187 to $212, indicating a positive outlook for the company's stock performance [1] Group 1: Stock Performance - Shares of Thomson Reuters rose nearly 2% in premarket trading following the upgrade by Wells Fargo [1] Group 2: AI and Market Position - Analysts noted that concerns regarding artificial intelligence had led to a contraction in the stock's multiple, but argued that Thomson Reuters is well-positioned to benefit from AI adoption [1] Group 3: Revenue Growth - Growth in the Legal segment is expected to accelerate in the second half of the year, driven by the uptake of Westlaw Precision and Advantage [2] - Recurring revenue for Thomson Reuters is currently running at 9%, with easier comparisons for transactional revenue providing additional support [2] - The Advantage upgrade cycle is identified as a key long-term driver of growth for the company [2]
Thomson Reuters Establishes Automatic Share Purchase Plan
Prnewswire· 2025-09-04 11:06
Core Viewpoint - Thomson Reuters has announced a $1.0 billion share repurchase program and entered into an automatic share purchase plan to facilitate share purchases during blackout periods [1][2]. Group 1: Share Repurchase Program - The company plans to repurchase up to 10 million common shares between August 19, 2025, and August 18, 2026, as part of its normal course issuer bid (NCIB) [1]. - The automatic share purchase plan (ASPP) allows the company to buy shares during periods when it would typically be restricted from doing so due to regulatory reasons [2]. - All purchases made under the ASPP will count towards the total shares repurchased under the NCIB [2]. Group 2: Conditions and Management Discretion - Purchases under the ASPP will be executed by the company's broker based on parameters set by Thomson Reuters, ensuring no material non-public information is involved [2]. - Outside of predetermined blackout periods, share purchases will be at management's discretion, adhering to TSX rules and applicable securities laws [2]. - Future repurchase decisions will depend on market conditions, share price, and other investment opportunities [3].
CNXC or TRI: Which Is the Better Value Stock Right Now?
ZACKS· 2025-08-19 16:41
Core Insights - Investors in the Business - Services sector should consider Concentrix Corporation (CNXC) and Thomson Reuters (TRI) for potential value opportunities [1] Valuation Metrics - CNXC has a forward P/E ratio of 4.14, significantly lower than TRI's forward P/E of 44.92 [5] - CNXC's PEG ratio is 0.57, while TRI's PEG ratio is 5.61, indicating CNXC is more favorably valued in terms of expected earnings growth [5] - CNXC's P/B ratio is 0.72 compared to TRI's P/B of 6.18, further suggesting CNXC is undervalued relative to its book value [6] Earnings Outlook - CNXC holds a Zacks Rank of 2 (Buy), indicating a positive earnings estimate revision trend, while TRI has a Zacks Rank of 3 (Hold) [3] - The stronger estimate revision activity for CNXC suggests a more favorable earnings outlook compared to TRI [7] Value Grades - CNXC has a Value grade of A, while TRI has a Value grade of F, highlighting CNXC's superior valuation metrics [6]
Thomson Reuters Announces $1.0 Billion Share Repurchase Program
Prnewswire· 2025-08-15 10:30
Core Viewpoint - Thomson Reuters plans to repurchase up to $1.0 billion of its shares under a new normal course issuer bid (NCIB) approved by the Toronto Stock Exchange [1][2]. Group 1: Share Repurchase Details - The company may repurchase up to 10 million common shares, representing approximately 2.22% of its issued and outstanding common shares as of August 12, 2025, between August 19, 2025, and August 18, 2026 [2]. - Repurchases will occur in open market transactions on the TSX, Nasdaq, and other eligible exchanges, with the price being the market price at the time of purchase [3]. - Daily repurchases on the TSX are limited to a maximum of 91,026 shares, which is 25% of the average daily trading volume of 364,105 for the six months ended July 31, 2025 [3]. Group 2: Capital Strategy and Flexibility - Thomson Reuters maintains a disciplined capital strategy that balances growth, financial leverage, credit ratings, and returns to shareholders through dividends and share repurchases [5]. - The NCIB provides a flexible way for the company to return value to shareholders who choose to sell their shares [5]. - Future repurchase decisions will depend on market conditions, share price, and other investment opportunities, with the option to suspend or discontinue repurchases at any time [6].
Thomson Reuters: Valuation Is Still Not Compelling Enough
Seeking Alpha· 2025-08-14 12:14
Group 1 - The analyst maintains a hold rating for Thomson Reuters (NASDAQ: TRI) due to perceived overvaluation despite a solid long-term outlook [1] - The investment approach emphasizes understanding core business economics, including competitive moat, unit economics, reinvestment opportunities, and management quality [1] - The focus is on sectors with strong secular tailwinds, aiming to identify businesses that can scale and generate long-term free cash flow [1] Group 2 - The analyst has no current stock or derivative positions in any mentioned companies and does not plan to initiate any within the next 72 hours [2] - The article reflects the analyst's personal opinions and is not influenced by any business relationships with the companies discussed [2]
Legal AI Software Market Surges to $10.82 billion by 2030 - Dominated by LexisNexis (US), Thomson Reuters (Canada), Sirion (US)
GlobeNewswire News Room· 2025-08-11 13:30
Market Overview - The worldwide Legal AI Software Market is expected to grow at a compound annual growth rate (CAGR) of 28.3%, increasing from approximately USD 3.11 billion in 2025 to USD 10.82 billion by 2030 [1]. Market Dynamics - The convergence of technological advancements, competitive pressures, and proven ROI of AI solutions is driving the adoption of AI tools in law firms, corporate legal departments, and government agencies [3]. - The European Union's Artificial Intelligence Act, adopted in March 2024, is reshaping the legal AI software market by establishing compliance frameworks for AI applications, particularly those classified as "high-risk" [4][6]. Key Trends - Generative AI agents are the fastest-growing segment in the legal AI software market, automating complex legal tasks with high accuracy and speed [7]. - Contract drafting and review is identified as the fastest-growing application due to the increasing complexity and volume of contracts across various industries [8]. Opportunities - The legal AI market presents significant opportunities for automating routine tasks, enhancing legal research, and improving compliance and risk management [9]. - Key opportunity areas in the U.S. market include generative AI for legal research and drafting, contract intelligence, compliance automation, and predictive analytics in litigation [12][15]. Competitive Landscape - Major companies in the legal AI software market include LexisNexis, Thomson Reuters, Sirion, Wolters Kluwer, and Relativity, among others [5]. - The U.S. legal industry is a prime market for AI-driven transformation, with significant investments from companies like Thomson Reuters and LexisNexis in AI-powered legal solutions [11].
Compared to Estimates, Thomson Reuters (TRI) Q2 Earnings: A Look at Key Metrics
ZACKS· 2025-08-06 14:30
Core Insights - Thomson Reuters reported revenue of $1.79 billion for the quarter ended June 2025, reflecting a 2.6% increase year-over-year, with EPS at $0.87 compared to $0.85 in the same quarter last year [1] - The revenue was slightly below the Zacks Consensus Estimate by -0.19%, while the EPS exceeded the consensus estimate by +4.82% [1] Revenue Breakdown - Legal Professionals revenue was $709 million, slightly above the estimated $706.57 million, but down -2.5% year-over-year [4] - Tax & Accounting Professionals revenue reached $277 million, below the estimated $284.5 million, but up +10.8% year-over-year [4] - Global Print revenue was $114 million, below the estimated $117.31 million, representing a -7.3% change from the previous year [4] - Corporates revenue was $472 million, slightly below the estimated $474.54 million, with a year-over-year increase of +6.8% [4] - Reuters News revenue was $218 million, exceeding the estimated $212.43 million, with a +6.3% year-over-year change [4] - Eliminations reported a revenue of -$5 million, better than the estimated -$6 million, showing a -28.6% change year-over-year [4] Adjusted EBITDA Performance - Adjusted EBITDA for Legal Professionals was $339 million, surpassing the estimated $326.26 million [4] - Adjusted EBITDA for Corporates was $169 million, slightly above the estimated $168.9 million [4] - Adjusted EBITDA for Corporate costs was -$29 million, in line with the estimated -$29.96 million [4] - Adjusted EBITDA for Reuters News was $45 million, below the estimated $48.12 million [4] - Adjusted EBITDA for Global Print was $41 million, exceeding the estimated $39.43 million [4] - Adjusted EBITDA for Tax & Accounting Professionals was $113 million, above the estimated $103.48 million [4] Stock Performance - Thomson Reuters shares returned -0.3% over the past month, while the Zacks S&P 500 composite increased by +0.5% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance compared to the broader market in the near term [3]