Thomson Reuters (TRI) Stock

Global pioneer in professional-grade GenAI first to employ custom model built on OpenAI o1-mini. Custom model just the latest to be tested on the CoCounsel platform as part of company's multi-model approach to LLM-powered solutions  Thomson Reuters GenAI solutions for professionals, the only such products grounded in the world's leading content and expertise, provide uniquely sought-after testing ground for LLM technology leaders  TORONTO , Nov. 25, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI), a content-driven technology company, today announced they are testing a version of their CoCounsel GenAI assistant that employs a custom model built on OpenAI o1-mini, the AI pioneer's latest large language model (LLM), notable for its enhanced reasoning skills.

OAKLAND, Calif.--(BUSINESS WIRE)--Californians and former California residents now have less than one month to file claims for an estimated $19 to $48 in a class action settlement—the deadline is December 6, 2024. This groundbreaking data privacy settlement for $27.5 million, achieved by Gibbs Law Group LLP and Cohen Milstein Miller & Toll PLLC, has been reached with Thomson Reuters for its CLEAR platform. The settlement will also make it easier for Californians to remove certain of their i.

Thomas Glocer, former Thomson Reuters CEO, joins 'Squawk on the Street' to discuss how policy is expected in the health care sector, how discussions are going regarding M&A, and much more.

Thomson Reuters achieved a +4% bottom line beat for Q3 2024, as its major business segments performed well. TRI's outlook is favorable, as the company revised its 2024 organic revenue growth guidance upwards and expressed confidence in achieving its 2025 and 2026 financial targets. I remain positive on Thomson Reuters, considering that the company's third quarter earnings and full-year organic revenue growth outlook were better than expected.

Thomson Reuters Corporation (NYSE:TRI ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Gary Bisbee - Head of Investor Relations Steve Hasker - Chief Executive Officer Mike Eastwood - Chief Financial Officer Conference Call Participants Scott Fletcher - CIBC Manav Patnik - Barclays Vince Valentini - TD Cowen Kevin McVeigh - UBS Aravinda Galappatthige - Canaccord Genuity Andrew Steinerman - JPMorgan Maher Yaghi - Scotiabank Toni Kaplan - Morgan Stanley Drew McReynolds - RBC George Tong - Goldman Sachs Doug Arthur - Huber Research Sami Kassab - BNP Paribas Operator Good day, and welcome to the Thomson Reuters Third Quarter Earnings Call. Today's conference is being recorded.

Thomson Reuters (TRI) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.82 per share a year ago.

TORONTO , Nov. 5, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today reported results for the third quarter ended September 30, 2024: Good revenue momentum continued in the third quarter Total company revenues up 8%, organic revenues up 7% Organic revenues up 9% for the "Big 3" segments (Legal Professionals, Corporates and Tax & Accounting Professionals) Raised total company full-year organic revenue growth outlook to approximately 7% Raised organic revenue growth outlook for "Big 3" to approximately 8.5% Announced agreement to sell its FindLaw business "We saw good momentum continue in the third quarter, with revenue and margins moderately ahead of our expectations" said Steve Hasker, President and CEO of Thomson Reuters. "We remain focused on driving innovation across our portfolio and markets to best serve our customers, demonstrated by our investment in AI now increasing to more than $200 million in 2024.

Beyond analysts' top -and-bottom-line estimates for Thomson Reuters (TRI), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.

The AI revolution is still in the early innings but most of the focus has been on big tech stocks up until now. While Mag 7 names will continue to perform well, investors should pay close attention to up-and-coming AI solutions like Propense.ai.