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Thomson Reuters' Q1 Adjusted Earnings, Revenue Increase; 2024 Revenue Outlook Boosted
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Thomson Reuters' Q1 Adjusted Earnings, Revenue Increase; 2024 Revenue Outlook Boosted
May 2, 2024 4:48 AM

07:12 AM EDT, 05/02/2024 (MT Newswires) -- Thomson Reuters ( TRI ) reported Q1 adjusted earnings Thursday of $1.11 per share, up from $0.84 a year earlier.

Analysts polled by Capital IQ expected $0.95.

Revenue for the quarter ended March 31 was $1.89 billion, up from $1.74 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.86 billion.

The company said it now expects 2024 revenue to grow between 6.5% and 7%, compared with its prior guidance of 6.5% growth.

Additionally, the company said it has maintained its quarterly dividend of $0.54 per share, payable on June 10 to shareholders of record on May 16.

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