Key facts
- Thomson Reuters reported a 9% increase in second-quarter revenue.
- Second-quarter revenue was $1.95 billion, exceeding analyst expectations.
- Earnings per share, excluding certain items, were 99 cents, surpassing the 96-cent forecast.
- The company raised its full-year organic revenue growth forecast to around 8%.
Thomson Reuters announced a 9% increase in second-quarter revenue, reaching $1.95 billion and surpassing analyst estimates of approximately $1.9 billion. The company's performance was bolstered by its legal, corporates, and tax and accounting divisions. Earnings per share, excluding certain items, rose to 99 cents, exceeding Wall Street's forecast of 96 cents. In light of these results, Thomson Reuters has revised its full-year organic revenue growth forecast upward to around 8%, from a previous range of 7.5% to 8%.