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Thomson Reuters reports Q2 adjusted EPS 85c, consensus 82c

Reports Q2 revenue $1.74B, consensus $1.75B. “Good momentum continued across our portfolio in the second quarter, leading to a moderately raised revenue outlook,” said Steve Hasker, President and CEO of Thomson Reuters. “Our 2024 investment plans remain on track as we execute against the ambitious product roadmap we detailed at our March investor day, exemplified by the July launches of CoCounsel Drafting and Checkpoint Edge with CoCounsel. We believe we are well positioned to help our customers navigate rising regulatory compliance, in addition to harnessing the potential of Generative AI”.

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