Thomson Reuters Corporation (TRI)
Market Cap | 72.45B |
Revenue (ttm) | 7.16B |
Net Income (ttm) | 2.30B |
Shares Out | 449.92M |
EPS (ttm) | 5.07 |
PE Ratio | 31.56 |
Forward PE | 40.37 |
Dividend | $2.16 (1.34%) |
Ex-Dividend Date | Nov 21, 2024 |
Volume | 160,797 |
Open | 162.51 |
Previous Close | 161.84 |
Day's Range | 160.85 - 163.01 |
52-Week Range | 138.09 - 176.03 |
Beta | 0.39 |
Analysts | Buy |
Price Target | 178.38 (+10.66%) |
Earnings Date | Nov 5, 2024 |
About TRI
Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments. The Corporates segment provides a suite of content-driv... [Read more]
Financial Performance
In 2023, Thomson Reuters's revenue was $6.79 billion, an increase of 2.52% compared to the previous year's $6.63 billion. Earnings were $2.69 billion, an increase of 101.50%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for TRI stock is "Buy." The 12-month stock price forecast is $178.38, which is an increase of 10.66% from the latest price.
News
December 6, 2024 Deadline for Californians to File Claim for Money Payments: Gibbs Law Group and Cohen Milstein Achieve $27.5 Million Settlement Against Thomson Reuters
OAKLAND, Calif.--(BUSINESS WIRE)--Californians and former California residents now have less than one month to file claims for an estimated $19 to $48 in a class action settlement—the deadline is Dece...
Thomson Reuters to Present at JP Morgan Ultimate Services Investor Conference
TORONTO , Nov. 7, 2024 /PRNewswire/ -- Steve Hasker, president and chief executive officer and Mike Eastwood, chief financial officer of Thomson Reuters (TSX/NYSE: TRI) will both present at the JP Mor...
Thomson Reuters: High Single Digits Organic Growth Remains In Sight
I recommend a buy rating for Thomson Reuters stock due to its strong organic growth, driven by GenAI investments and price increases. TRI reported 8.2% y/y revenue growth in 3Q24, with 7.2% organic gr...
Thomson Reuters: A Buy As Earnings And Outlook Exceed Expectations
Thomson Reuters achieved a +4% bottom line beat for Q3 2024, as its major business segments performed well. TRI's outlook is favorable, as the company revised its 2024 organic revenue growth guidance ...
Thomson Reuters Corporation (TRI) Q3 2024 Earnings Call Transcript
Thomson Reuters Corporation (NYSE:TRI) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Gary Bisbee - Head of Investor Relations Steve Hasker - Chief Executive Office...
Thomson Reuters Reports Third-Quarter 2024 Results
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...
Spellbook Integrates Content From Thomson Reuters Practical Law to Enhance Contract Drafting
TORONTO--(BUSINESS WIRE)--Spellbook, the AI copilot for lawyers, announced today its integration of content from Thomson Reuters Practical Law, letting customers leverage the capabilities of both plat...
Closing the Justice Gap: Thomson Reuters Launches Programs to Empower Legal Aid and Support the Judiciary
AI for Justice Legal Aid - Thomson Reuters announces first Legal Innovators Incubator class and subsidized CoCounsel pricing for legal aid organizations (LSOs). AI Policy Consortium - New initiatives ...
Thomson Reuters Acquires Materia - a specialist in agentic AI for the tax, audit and accounting profession
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 st...
Thomson Reuters to sell FindLaw business to Internet Brands
Thomson Reuters , said on Thursday that it was selling its FindLaw business to Internet Brands.
Thomson Reuters enters into definitive agreement to sell FindLaw business to Internet Brands pending regulatory approvals
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...
Reuters introduces digital subscriptions for $1 a week
Reuters News announced on Tuesday that it would roll out digital subscriptions starting this month, joining a crowded market of news organizations that charge for online content.
Thomson Reuters Third-Quarter 2024 Earnings Announcement and Webcast Scheduled for November 5, 2024
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 ne...
Pagero named a Leader in the 2024 IDC MarketScape: European Compliant e-Invoicing
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 be...
Thomson Reuters Unveils CoCounsel 2.0; Supercharged GenAI Assistant Combines the Power of Google Cloud AI, OpenAI, and Thomson Reuters
Next-gen CoCounsel AI assistant marks significant milestone in company's vision for a single GenAI assistant enabling professionals across industries to accelerate and streamline entire workflows. CoC...
Thomson Reuters: Organic Growth Outlook Remains Positive
Strong organic growth trend continues for Thomson Reuters. The big 3 segments continue to be the main driver of organic growth. Investment in GenAI products and new innovative products should continue...
Thomson Reuters Corporation (TRI) Q2 2024 Earnings Call Transcript
Thomson Reuters Corporation (NYSE:TRI) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Gary Bisbee – Head of Investor Relations Steve Hasker – Chief Executive Officer ...
Thomson Reuters raises sales forecast as earnings top estimates
Thomson Reuters reported second-quarter earnings that topped Wall Street expectations on Thursday as revenue rose 6% and it continued to aggressively deploy artificial intelligence technology for its ...
Thomson Reuters Reports Second-Quarter 2024 Results
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 co...
QuickFee Launches Thomson Reuters Practice CS Integration with QuickFee Connect
PLANO, Texas , July 31, 2024 /PRNewswire/ -- QuickFee (ASX: QFE), a market-leading payments, financing, and accounts receivable automation provider for professional service firms, including 40% of the...
AI set to save professionals 12 hours per week by 2029
The Thomson Reuters Future of Professionals report shows knowledge workers are optimistic about significant boosts to productivity, with AI poised to redefine workflows, drive innovation, and unlock n...
Google partners with Thomson Reuters, Moody's and more to give AI real-world data
Google is partnering with third-party data sources to help ground AI responses and minimize hallucinations. Data from Moody's, MSCI, Thomson Reuters and Zoominfo will be incorporated next quarter.
Thomson Reuters Second-Quarter 2024 Earnings Announcement and Webcast Scheduled for August 1, 2024
Conference call and webcast scheduled for 8:30 a.m. EDT TORONTO , June 27, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) announced today its second-quarter 2024 earnings will be issued via news...
Thomson Reuters Announces Voting Results for Election of Directors
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 hel...
Thomson Reuters: Retain Buy Rating As Organic Growth Outlook Remains Positive
Thomson Reuters has seen strong adoption rates for its AI-related products, leading to faster-than-expected organic EPS growth. The company's revenue growth of 8.5% in 1Q24 was solid, with organic gro...