Thomson Reuters Corporation Provides Earnings Guidance for the Quarter Ending September 30, 2022, Quarter Ending December 31, 2022 and Year Ending December 31, 2023
August 04, 2022 at 06:30 am EDT
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Thomson Reuters Corporation provided earnings guidance for the quarter ending September 30, 2022, quarter ending December 31, 2022 and year ending December 31, 2023. For the quarter ending September 30, 2022, the company expected revenue growth to be approximately 50bp to 100bp below its full-year 2022 outlook target.
For the quarter ending December 31, 2022, the company expected revenue growth to be higher than the third-quarter 2022 revenue growth.
For the year ending December 31, 2023, the company expected total revenue growth to be between 6.5% to 7.0%.
Thomson Reuters Corporation serves professionals across legal, tax, accounting, compliance, government and media. The Company operates through five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. Legal Professionals segment serves law firms and governments with research and workflow products. Corporates segment serves corporate customers from small businesses to multinational organizations, including the seven global accounting firms, with its full suite of content-driven technology solutions. Tax & Accounting Professionals segment serves tax, accounting and audit professionals in accounting firms with research and workflow products. Reuters News segment supplies business, financial and global news to the worldâs media organizations, professionals and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products and to financial market professionals exclusively via LSEG products.
Thomson Reuters Corporation Provides Earnings Guidance for the Quarter Ending September 30, 2022, Quarter Ending December 31, 2022 and Year Ending December 31, 2023