Thomson Reuters Posts Strong Q3 Results with AI-Driven Growth, Announces $1B Buyback
Thomson Reuters (TRI) surpassed earnings expectations with $0.85 EPS against $0.83 forecasts, while revenue hit $1.78 billion. The media giant credits its AI-powered tax, audit, and accounting tools for fueling 3% recurring revenue growth—now 83% of total sales—and 12% transaction revenue jumps.
A new $1 billion stock repurchase program signals confidence in revised 2026 profitability targets. The Toronto-based firm, parent to Reuters newswire, continues gaining traction among legal and financial professionals with its agentic AI products.