Thomson Reuters reports first quarter revenue slightly below Wall Street expectations amid economic turmoil

Thomson Reuters

01/05/2025 11:40

May 1 (Reuters) - Thomson Reuters TRI.TO reported on Thursday first-quarter revenue slightly below Wall Street expectations amid tariff-induced global economic turmoil, but reaffirmed 2025 financial forecasts.

The Toronto-based content and technology company reported quarterly revenue rising 1% to $1.9 billion, slightly below analyst expectations of $1.93 billion, according to LSEG data.

It reported adjusted earnings per share of $1.12. Wall Street expected a profit of $1.05 per share.

Shares of Thomson Reuters, which have risen 15% since the beginning of the year, have outpaced the S&P 500 index, which has fallen 5% over the same period.

 (Reporting by Kenneth Li in New York
Editing by Mark Potter)

 ((k.li@thomsonreuters.com))