Conference call and webcast scheduled for 8.00 a.m. EST TORONTO, Jan. 13, 2025 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) announced today its fourth-quarter and full-year 2024 earnings will be issued via news release on Thursday, February 6, 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 8:00 a.m. EST. Discussions may include forward-looking information.  You can access the web ...

TORONTO, Dec. 23, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI), a global content and technology company, and The Woodbridge Company Limited ("Woodbridge"), Thomson Reuters' principal shareholder, today announced that after 10 years as a director, W. Edmund Clark, C.M. would complete his service on the Thomson Reuters board (the "Board") at Thomson Reuters' upcoming annual meeting of shareholders to be held in 2025 (the "AGM"). Mr. Clark has served on the Board as a representative of Woodbridge since ...

I recommended a buy rating for Thomson Reuters (NYSE: TRI )(TSX: TRI:CA ) when I wrote about it on 4th August, as I expected the business organic growth to continue improving and should be further boosted byI consider an investment ideal if it performs its core business in a sector projected to experience structural (organic) growth in excess of GDP growth over the next 5-10 years; profits from sustainable competitive advantages that translate into attractive unit economics; In the hands of competent, ethic ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------|-------------|-------------|----------|------------------------------|----------|-------------|-------------|----------|----------------------------|---------| | (millions of U.S. dollars) | 2024 | 2023 | Total | Change \nConstant Currency | Organic | 2024 | 2023 | Total | Change \nConstant Currency | Organic | | | | | | | | | | | | | | Recurring revenues Transactions revenues | 1,442 154 | ...

Thomson Reuters (TRI) reported $1.72 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 8.2%. EPS of $0.80 for the same period compares to $0.82 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.72 billion, representing a surprise of +0.11%. The company delivered an EPS surprise of +2.56%, with the consensus EPS estimate being $0.78.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

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 ...

Core Viewpoint - Thomson Reuters (TRI) is expected to report quarterly earnings of $0.78 per share, reflecting a year-over-year decline of 4.9%, while revenues are anticipated to reach $1.72 billion, indicating an 8% increase compared to the previous year [1] Revenue Estimates - Analysts project 'Revenues- Legal Professionals' to be $748.98 million, representing an 8.9% increase year-over-year [4] - 'Revenues- Tax & Accounting Professionals' is estimated at $220.85 million, showing an 8.8% increase from the year-ago quarter [4] - 'Revenues- Global Print' is expected to be $126.26 million, indicating a decline of 7.8% year-over-year [4] - 'Revenues- Corporates' is forecasted at $439.04 million, reflecting a 12.3% increase year-over-year [5] - 'Revenues- Reuters News' is projected to reach $190.30 million, marking a 5.7% increase from the previous year [5] Adjusted EBITDA Estimates - The consensus estimate for 'Adjusted EBITDA- Legal Professionals' is $337.99 million, nearly unchanged from the previous year's figure of $338 million [5] - 'Adjusted EBITDA- Corporates' is expected to be $165.43 million, slightly up from $164 million year-over-year [6] - 'Adjusted EBITDA- Reuters News' is projected at $32.54 million, down from $37 million in the same quarter last year [6] - 'Adjusted EBITDA- Global Print' is anticipated to be $43.88 million, a decrease from $55 million reported in the previous year [7] - 'Adjusted EBITDA- Tax & Accounting Professionals' is expected to reach $59.47 million, down from $64 million in the same quarter last year [7] Market Performance - Thomson Reuters shares have decreased by 2.4% over the past month, contrasting with a 1% increase in the Zacks S&P 500 composite [7]

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 ...