- Thomson Reuters reported adjusted earnings per share (EPS) of $1.01, exceeding the estimate of 97 cents.
- The company’s total revenue was $1.91 billion, meeting expectations.
- Legal Professionals revenue was $729 million, slightly below the estimate of $737.4 million.
- Corporates revenue surpassed expectations at $458 million, compared to the estimated $448.9 million.
- Tax & Accounting Professionals revenue came in below estimates at $366 million, against an expectation of $374 million.
- Reuters News reported revenue of $218 million, beating the estimate of $211.2 million.
- Global Print revenue was $144 million, slightly above the estimated $143.6 million.
- Adjusted EBITDA was $718 million, exceeding the estimate of $713.3 million.
- Legal Professionals adjusted EBITDA was $299 million, which was lower than the expected $314.8 million.
- Corporates adjusted EBITDA hit $153 million, compared to the forecast of $152.6 million.
- Tax & Accounting Professionals adjusted EBITDA was $196 million, just under the estimated $197.2 million.
- Reuters News adjusted EBITDA outperformed at $45 million, above the estimated $43.8 million.
- Global Print adjusted EBITDA stood at $55 million, significantly higher than the estimate of $47 million.
- The adjusted EBITDA margin was 37.6%, slightly higher than the estimate of 37.3%.
- Thomson Reuters met the full-year 2024 outlook for overall company organic revenue growth, adjusted EBITDA margin, and free cash flow.
- The “Big 3” organic revenue growth outlook was achieved as expected.
- The updated financial framework for 2026 anticipates 7.5% to 8.0% organic revenue growth with at least 50 basis points of adjusted EBITDA margin expansion.
- The company forecasts 5% to 6% organic revenue growth in the first quarter of 2025, with an adjusted EBITDA margin of approximately 40%.
- In 2024, the company focused on returning capital to shareholders and completed the monetization of its London Stock Exchange Group stake.
- Strategic acquisitions were executed, strengthening the portfolio with improved growth prospects.
- Analyst recommendations include 5 buys, 10 holds, and 3 sells.
“`
A look at Thomson Reuters Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Thomson Reuters Corporation, a provider of business information services and software, shows a mixed long-term outlook according to the Smartkarma Smart Scores. With a score of 4 for Momentum, the company is demonstrating strong performance trends that could drive future growth. Additionally, a score of 3 for Resilience suggests a solid ability to weather market challenges. However, lower scores of 2 in Value, Dividend, and Growth indicate room for improvement in these areas.
Despite some areas for development, Thomson Reuters remains a player in the business information industry with a global reach in news services. Investors will likely monitor how the company navigates improving its value and dividend offerings to further enhance their confidence in its long-term prospects.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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