TRI:CC - Thomson Reuters: Retain Buy Rating As Organic Growth Outlook Remains Positive
2024-06-05 23:37:52 ET
Summary
- 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 growth at 9% and EBITDA margins expanding.
- TRI's rollout of generative-AI products should continue to drive growth.