Thomson Reuters tops estimates as AI-driven demand boosts growth
report4 ©paperwork research Thomson Reuters Corp (NASDAQ:TRI) reported first-quarter results on Tuesday that exceeded Wall Street expectations, supported by continued demand for its artificial intelligence offerings. The company posted adjusted earnings per share of $1.23, ahead of the $1.12 analyst estimate. Revenue came in at $2.09 billion, surpassing the $1.90 billion consensus and marking a 10% increase from the prior-year period. Shares rose 1.83% in premarket trading following the announcement. ...