Thomson Reuters Corporation (TRI)
Market Cap | 75.43B |
Revenue (ttm) | 7.03B |
Net Income (ttm) | 2.36B |
Shares Out | 449.71M |
EPS (ttm) | 5.20 |
PE Ratio | 31.94 |
Forward PE | 43.55 |
Dividend | $2.16 (1.29%) |
Ex-Dividend Date | Aug 15, 2024 |
Volume | 205,951 |
Open | 168.36 |
Previous Close | 168.60 |
Day's Range | 166.61 - 168.82 |
52-Week Range | 117.46 - 176.03 |
Beta | 0.40 |
Analysts | Hold |
Price Target | 171.10 (+1.99%) |
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 10 analysts, the average rating for TRI stock is "Hold." The 12-month stock price forecast is $171.1, which is an increase of 1.99% from the latest price.
News
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...
Dr. Michael Donovan Joins Cellworks to Oversee Personalized Cancer Therapy Biosimulation in New CLIA-Certified Lab
SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Cellworks Group Inc., a leader in Personalized Therapy Decision Support and Precision Drug Development, today announced it has opened a CLIA-certified com...
Thomson Reuters showcases the power of CoCounsel combined with Microsoft Copilot during the 2024 Microsoft Build keynote
Thomson Reuters CoCounsel and Microsoft Copilot for Microsoft 365 will provide professionals with an improved AI experience - taking GenAI assistant know-how to the next level. As previewed at the Mic...
Thomson Reuters to Present at CIBC Technology & Innovation Conference
TORONTO , May 16, 2024 /PRNewswire/ -- Mike Eastwood, Chief Financial Officer and Erin Brown, Head of Finance, Corporates of Thomson Reuters (TSX/NYSE: TRI) will both present at the CIBC Technology & ...
Thomson Reuters Announces Sale of Remaining Stake in London Stock Exchange Group
TORONTO , May 15, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) announced today that it and certain investment funds affiliated with Blackstone collectively sold 17.3 million London Stock Excha...
Rocket Companies Hires AI Innovator Shawn Malhotra as Chief Technology Officer
Malhotra is a proven technology leader with decades of experience in engineering, product development and AI strategy for tech and media companies, including Thomson Reuters, Intel and Qualcomm DETROI...
Thomson Reuters Corporation (TRI) Q1 2024 Earnings Call Transcript
Thomson Reuters Corporation (NYSE:TRI) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Gary Bisbee - Head, IR Stephen Hasker - President, CEO & Director Michael Eastwood ...
Thomson Reuters Reports First-Quarter 2024 Results
TORONTO , May 2, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today reported results for the first quarter ended March 31, 2024: Revenue momentum continued in the first quarter Total company r...
WENDEL: Q1 2024 Trading update
Q1 2024 NAV up +11% Dynamic implementation of new strategic directions Net asset value as of March 31, 2024: €7,912 million or €178.1 per share, up +11.2% since December 31, 2023 Q1 2024 consolidated ...
Thomson Reuters announces expanded vision to provide GenAI assistant for every professional it serves
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 & f...