Thomson Reuters (TRI) reported $1.74 billion in revenue for the quarter ended June 2024, representing a yearover-year increase of 5.7%. EPS of $0.85 for the same period compares to $0.84 a year ago. The reported revenue represents a surprise of -0.11% over the Zacks Consensus Estimate of $1.74 billion. With the consensus EPS estimate being $0.80, the EPS surprise was +6.25%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Thomson Reuters (TRI) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 6.25%. A quarter ago, it was expected that this news and financial information company would post earnings of $0.94 per share when it actually produced earnings of $1.11, delivering a surprise of 18.09%. Over the l ...

TORONTO, Aug. 1, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today reported results for the second quarter ended June 30, 2024: Good revenue momentum continued in the second quarter Total company and organic revenues both up 6% Organic revenues up 8% for the "Big 3" segments (Legal Professionals, Corporates and Tax & Accounting Professionals) Based on Q2 performance, raised full-year 2024 outlook for total and organic revenue growth to the high end of the prior ranges Completed monetization of inte ...

The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding. The average prediction of analysts places 'Revenues- Legal Professiona ...

Investors interested in Technology Services stocks are likely familiar with Kyndryl Holdings, Inc. (KD) and Thomson Reuters (TRI) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to ide ...

Core Insights - The Thomson Reuters Future of Professionals report indicates that knowledge workers are optimistic about AI's potential to enhance productivity and redefine workflows, with significant time savings anticipated [1][3][13] Productivity - Survey respondents predict AI could save them up to 12 hours per week within the next five years, translating to approximately 200 hours annually, equivalent to adding an extra colleague for every 10 team members [1][3][22] - For U.S. lawyers, this time savings could result in an estimated $100,000 in additional billable hours annually [1][3][22] - 77% of professionals believe AI will have a high or transformational impact on their work over the next five years, a 10 percentage point increase from the previous year [3][13] - 79% of professionals anticipate significant or moderate improvements in innovation within their companies over the next five years [1][6] Responsibility - A majority (95%) of professionals agree that AI should not represent clients in court or make final decisions on complex matters, emphasizing the need for human oversight [7][24] - 57% of professionals support the introduction of certification processes for AI systems, while 55% believe industry bodies should develop standards [7][24] Value - 78% of professionals view AI as a "force for good," recognizing its potential to enhance efficiency and create new value in their work [1][13] - The top areas where professionals expect improvements over the next five years include more innovation (79%), more time for engaging work (66%), greater opportunities for skill building (57%), and improved work-life balance (51%) [6][13]

Core Points - Thomson Reuters will release its second quarter 2024 earnings on August 1, 2024 [1] - A conference call and webcast will be held on the same day at 8:30 a.m. EDT, hosted by the CEO and CFO [4] - The company provides trusted content and technology for professionals in various sectors, including legal, tax, accounting, compliance, government, and media [3] Company Overview - Thomson Reuters combines specialized software and insights to empower professionals with necessary data and solutions for informed decision-making [3] - Reuters, as part of Thomson Reuters, is recognized as the world's leading provider of trusted journalism and news [3]

TORONTO, June 6, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today announced the voting results for the election of the company's Board of Directors at its annual meeting of shareholders held in-person yesterday. | --- | --- | --- | --- | |-------------------------|-------------------------------------------------|-------------|-------------------------------------------| | Nominee \nDavid Thomson | Votes For % Votes For \n408,706,476 99.24 % | \n3,117,714 | Votes Withheld% Votes Withheld \n0.76 % ...

JHVEPhoto Law.com Investment action I recommended a buy rating for Thomson Reuters (TSX:TRI:CA) (NYSE:TRI) when I wrote about it in February this year, as I expected an EPS growth outlook of low teens, which, coupled with dividends, could deliver an attractive total return over the next 2 years. Based on my current outlook and analysis, I recommend a buy rating. My key update to my thesis is that I expect organic EPS to grow faster than I originally expected, as TRI has seen a strong adoption rate for its A ...

Thomson Reuters CoCounsel and Microsoft Copilot for Microsoft 365 will provide professionals with an improved AI experience - taking GenAI assistant know-how to the next level. As previewed at the Microsoft Build 2024 Keynote – watch here TORONTO, May 21, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI), a global content and technology company, today brought to life the combined power of Thomson Reuters CoCounsel, its professional-grade AI Assistant with deep subject-matter expertise, with Microsoft Cop ...