Thomson Reuters(TRI)

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Thomson Reuters(TRI) - 2024 Q1 - Earnings Call Transcript
2024-05-02 19:28
Conference Call Participants At this time, I'd like to turn the call over to Mr. Gary Bisbee, Head of Investor Relations. Please go ahead. To enable us to get to as many questions as possible, we appreciate it if you'd limit yourself to one question and one follow up each when we open the phone lines. Let me now turn it over to Steve Hasker. 2024 has started out on a strong note, with revenue and profits exceeding our expectations. Total company organic revenues rose 9% with the Big 3 segments growing by 10 ...
Thomson Reuters (TRI) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-02 15:07
Thomson Reuters (TRI) reported $1.89 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 8.5%. EPS of $1.11 for the same period compares to $0.85 a year ago.The reported revenue represents a surprise of +1.95% over the Zacks Consensus Estimate of $1.85 billion. With the consensus EPS estimate being $0.94, the EPS surprise was +18.09%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...
Thomson Reuters (TRI) Beats Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-05-02 12:46
Thomson Reuters (TRI) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.09%. A quarter ago, it was expected that this news and financial information company would post earnings of $0.92 per share when it actually produced earnings of $0.98, delivering a surprise of 6.52%.Over the las ...
Should You Buy Thomson Reuters (TRI) Ahead of Earnings?
Zacks Investment Research· 2024-05-01 16:05
Investors are always looking for stocks that are poised to beat at earnings season and Thomson Reuters Corporation (TRI) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Thomson Reuters is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is ...
Ahead of Thomson Reuters (TRI) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-04-29 14:22
Analysts on Wall Street project that Thomson Reuters (TRI) will announce quarterly earnings of $0.94 per share in its forthcoming report, representing an increase of 10.6% year over year. Revenues are projected to reach $1.85 billion, increasing 6.4% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this ...
Why Thomson Reuters (TRI) Could Beat Earnings Estimates Again
Zacks Investment Research· 2024-04-24 17:16
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Thomson Reuters (TRI) , which belongs to the Zacks Technology Services industry, could be a great candidate to consider.This news and financial information company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 13.55%.For t ...
Thomson Reuters announces expanded vision to provide GenAI assistant for every professional it serves
Prnewswire· 2024-04-17 13:00
Rooted in Thomson Reuters trusted content, CoCounsel, the professional-grade GenAI assistant, will transform work and unify the entire customer experience with applications across legal, tax, risk & fraud, and media. Designed to enable professionals to accelerate and streamline entire workflows to increase efficiency, produce better work, and deliver more value for their clients. Thomson Reuters is today also adding new GenAI skills to CoCounsel's capabilities through Westlaw Edge UK with CoCounsel and Che ...
Information to be Provided Today at Thomson Reuters Investor Day
Prnewswire· 2024-03-12 10:30
TORONTO, March 12, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) will host its 2024 Investor Day in New York today beginning at 8:00 am EDT. The company's senior management team will deliver a series of presentations outlining the company's operating strategy, growth plans and capital structure, and include question-and-answer sessions for institutional investors and coverage analysts. Today's Investor Day materials include forward-looking information for Thomson Reuters. This forward-looking informa ...
Thomson Reuters Has $8 Billion in ‘Financial Firepower' for AI Investment
PYMNTS· 2024-03-11 15:22
Thomson Reuters has reportedly amassed $8 billion to invest in the artificial intelligence (AI) space.In an interview with the Financial Times Monday (March 11), CEO Steve Hasker said the company has “tremendous financial firepower” to expand in the realm of AI-driven professional services and information as it prepares to sell the remainder of its holding in the London Stock Exchange Group (LSEG).“We have dry powder of around $8 billion as a result of the cash-generative ability of our existing business, a ...
Thomson Reuters(TRI) - 2023 Q4 - Annual Report
2024-03-07 22:25
UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the month of March 2024 Commission File Number: 1-31349 THOMSON REUTERS CORPORATION (Translation of registrant's name into English) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☐ Form 40-F ☒ SIGNATURES Washington, D.C. 20549 Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the unde ...