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An update from Thomson Reuters ( (TSE:TRI) ) is now available.
Thomson Reuters reported a positive financial performance for the fourth quarter and full year of 2024, with organic revenue growth of 7% for the year and 5% for the quarter. The company met its financial targets, increased its annualized dividend per share by 10%, and acquired SafeSend to enhance its tax automation capabilities. Looking forward, it anticipates continued growth in organic revenue and adjusted EBITDA margin in 2025 and beyond. The company remains committed to shareholder value creation by reallocating capital and pursuing strategic acquisitions, which have strengthened its portfolio and growth prospects.
More about Thomson Reuters
Thomson Reuters is a prominent player in the information services industry, providing critical solutions for legal professionals, corporates, and tax and accounting professionals. The company focuses on delivering content-driven technology to assist professionals in making complex decisions confidently. It continues to innovate and expand its portfolio through strategic acquisitions and investments.
YTD Price Performance: 4.91%
Average Trading Volume: 289,794
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $74.67B
For detailed information about TRI stock, go to TipRanks’ Stock Analysis page.
