Thomson Reuters Corp (TSE:TRI) has released an update.
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Thomson Reuters Corp has reported a significant 8% increase in total company revenues for the first quarter of 2024, alongside a 10% raise in revenue for its ‘Big 3’ segments. The company has also confidently raised its revenue outlook for the rest of the year after a robust Q1 performance, which included the sale of over 10 million shares of London Stock Exchange Group for $1.2 billion, a 10% dividend increase, and a substantial $350 million share buyback. Notably, the company’s adjusted earnings per share (EPS) have risen by 32%, and it continues to invest in AI and technological advancements to bolster professional decision-making.
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