Thomson Reuters (TRI) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.56%. A quarter ago, it was expected that this news and financial information company would post earnings of $0.80 per share when it actually produced earnings of $0.85, delivering a surprise of 6.25%.Over the last ...

TORONTO, Nov. 5, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today reported results for the third quarter ended September 30, 2024: Good revenue momentum continued in the third quarter Total company revenues up 8%, organic revenues up 7% Organic revenues up 9% for the "Big 3" segments (Legal Professionals, Corporates and Tax & Accounting Professionals) Raised total company full-year organic revenue growth outlook to approximately 7% Raised organic revenue growth outlook for "Big 3" to approxim ...

Wall Street analysts forecast that Thomson Reuters (TRI) will report quarterly earnings of $0.78 per share in its upcoming release, pointing to a year-over-year decline of 4.9%. It is anticipated that revenues will amount to $1.72 billion, exhibiting an increase of 8% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before ...

The AI Revolution is Still Blooming By now, investors are aware of the AI revolution thanks to the overwhelming success of OpenAI and Microsoft's ((MSFT) ChatGPT chatbot. Though monetization has been slow and has not been fully realized, the scorching hot user growth of applications like ChatGPT (and its massive valuation) and Alphabet's ((GOOGL) Gemini have driven investment by "Magnificent 7" companies. Even while interest rates were high last year, Mag 7 companies like Meta Platforms ((META) continued to ...

TORONTO, Oct. 22, 2024 /PRNewswire/ -- Thomson Reuters Corporation ("Thomson Reuters") (TSX/NYSE: TRI), a global content and technology company, today announced it has acquired Materia, a US-based startup that specializes in the development of an agentic AI assistant for the tax, audit and accounting profession. This transaction, which is complementary to Thomson Reuters AI roadmap, accelerates Thomson Reuters vision for the provision of generative AI tools to the professions it serves.Founded in 2022, Mate ...

TORONTO, Oct. 3, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI), a global content and technology company, today announced it has entered into a definitive agreement to sell its FindLaw business to Internet Brands. Internet Brands is a fully integrated online media and software services company that is a leading operator of digital platforms in high-value vertical categories, including Health and Legal. Over the last 20 years, FindLaw has established itself as a premier destination for legal assistance ...

Conference call and webcast scheduled for 8:30 a.m. EST TORONTO, ON, Oct. 1, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) announced today its third-quarter 2024 earnings will be issued via news release on Tuesday, November 5, 2024. Steve Hasker, president and chief executive officer, and Mike Eastwood, chief financial officer, will host a conference call and simultaneous webcast that morning at 8:30 a.m. EST. Discussions may include forwardlooking information. You can access the webcast by visiting ...

GOTHENBURG, Sweden, Sept. 25, 2024 /PRNewswire/ -- Pagero, a provider of e-invoicing and continuous transaction controls compliance solutions for the global market and part of Thomson Reuters, has been recognized as a Leader in the IDC MarketScape: European Compliant e-Invoicing 2024 Vendor Assessment (doc #EUR151806424, September 2024). We believe this prestigious recognition underscores Pagero's position as a trusted partner for companies seeking comprehensive, compliant and innovative e-invoicing solutio ...

JHVEPhoto Investment action I recommended a buy rating for Thomson Reuters (NYSE:TRI)(TSX:TRI:CA) when I wrote about it two months ago in June, as I expected organic EPS to grow robustly given the strong adoption of AI products. Based on my current outlook and analysis, I recommend a buy rating. TRI organic growth profile continues to trend in my expected direction, and with the step-up in GenAI investments that is resulting in new innovative products, I continue to see organic growth improving. Review TRI ...

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 ...