financetom
Business
financetom
/
Business
/
Thomson Reuters reports higher quarterly organic revenue
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Thomson Reuters reports higher quarterly organic revenue
Feb 6, 2025 4:35 AM

Feb 6 (Reuters) - Thomson Reuters ( TRI ) reported on

Thursday higher fourth-quarter revenue and issued 2025 organic

revenue growth targets that would exceed 2024 rates.

The Toronto-based content and technology company reported

quarterly revenue rising 5% to $1.909 billion, slightly ahead of

analyst expectations of $1.907 billion, according to LSEG data.

"2024 marked important progress at Thomson Reuters ( TRI )," said

CEO Steve Hasker in a prepared statement.

"Looking ahead to 2025, we continue to focus on investing in

content-driven technology that helps professionals make complex

decisions with confidence."

The company reported fourth-quarter adjusted earnings per

share of $1.01. Wall Street expected a profit per share of 96

cents.

Operating profit rose 29% to $722 million, boosted by the

sale of FindLaw.

Thomson Reuters ( TRI ) said it expected organic revenue to rise by

7% to 7.5% in 2025 and 7.5% to 8% in 2026.

The company raised its annualized dividend per share by

10%.

(Reporting by Kenneth Li in New York. Editing by MarkPotter)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved