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 ...

Core Points - Thomson Reuters is scheduled to release its third-quarter 2024 earnings on November 5, 2024, at 8:30 a.m. EST [1] - The earnings call will be hosted by CEO Steve Hasker and CFO Mike Eastwood, and may include forward-looking information [1] - The webcast for the earnings call is accessible through the Investor Relations section of the Thomson Reuters website, with registration now open [2] Company Overview - Thomson Reuters provides trusted content and technology to help professionals in legal, tax, accounting, compliance, government, and media sectors make informed decisions [3] - The company combines specialized software and insights to empower professionals with necessary data and solutions, supporting institutions in their pursuit of justice, truth, and transparency [3] - Reuters, as part of Thomson Reuters, is recognized as the world's leading provider of trusted journalism and news [3]

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 ...

Core Insights - Thomson Reuters has launched CoCounsel 2.0, a next-generation professional-grade GenAI assistant designed to enhance workflow efficiency across various industries, particularly in legal professions [2][3] - CoCounsel 2.0 operates three times faster than its predecessor, providing answers in seconds and improving the intuitive understanding of user communication [4][5] - The assistant is expected to free up 12 hours per week for professionals within the next five years, significantly transforming workflow dynamics [3] Product Features - CoCounsel 2.0 combines the strengths of leading large language models (LLMs) from OpenAI, Google, and Thomson Reuters, optimizing performance and accuracy [2][8] - It includes new capabilities such as Claims Explorer for simplified claims research and CoCounsel Drafting, which accelerates drafting processes by up to 50% [5][6] - The assistant can compare multiple documents point-by-point, providing detailed results with source citations, enabled by advancements in LLM technology [7] Integration and Accessibility - CoCounsel 2.0 will be accessible within Thomson Reuters products like Westlaw Precision and Practical Law, as well as Microsoft 365 applications including Word, Teams, and Outlook [4] - It supports server-to-server integrations with data storage solutions such as iManage, NetDocuments, and SharePoint, allowing direct access to customer documents [4] Technological Foundation - The assistant is built on the Thomson Reuters Generative AI Platform, which facilitates continuous updates and improvements, ensuring users have access to the latest technology [9] - The company employs a team of over 1,000 data scientists and AI experts to drive innovation and maintain high standards in product development [9] Strategic Vision - Thomson Reuters aims to ensure customers can quickly and safely realize the value of generational technology, positioning CoCounsel 2.0 as a key component in evolving business practices [4] - The integration of multiple LLMs is part of the company's strategy to enhance user experience and deliver optimal performance [8]

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 ...

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 ...