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home / news releases / thomson reuters retain buy rating as organic growth


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.

Investment action

For further details see:

Thomson Reuters: Retain Buy Rating As Organic Growth Outlook Remains Positive
Stock Information

Company Name: Thomson Reuters Corporation
Stock Symbol: TRI:CC
Market: TSXC

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