2024-05-05 01:25:00 ET
Summary
- Thomson Reuters' EPS expanded by +30.5% YoY to $1.11 for Q1 2024, which was equivalent to a +16.6% earnings beat.
- TRI also raised the company's full-year top line growth guidance by +25 basis points to +6.75%.
- I see no reasons to change my existing Buy rating for the stock, taking into account the recent beat-and-raise quarter.
Elevator Pitch
I continue to award a Buy investment rating to Thomson Reuters Corporation ( TRI ) ( TRI:CA )....
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Thomson Reuters: Staying Bullish Following Beat-And-Raise Quarter