Thomson Reuters Q4 2023 Financial Results
Thomson Reuters will report its Q4 2023 financial results, with analysts expecting revenue of $1.84 billion. The company's recent acquisitions and 2024 guidance will be closely watched.
Thomson Reuters is set to release its financial results for the fourth quarter of 2023 before the market opens on Thursday. Here's what you should know:
During its third-quarter results announcement in November, the Canadian news and information provider confirmed its guidance for full-year revenue growth of 3% to 3.5%, with organic growth (excluding acquisitions and disposals) projected to be 5.5% to 6%.
Analysts will be paying close attention to Thomson Reuters' 2024 guidance, as it is considered an investment year. This follows the company's recent acquisitions of World Business Media, a subscription-based provider of editorial coverage for the insurance industry, and majority control of Nasdaq-listed Pagero, as part of its efforts to gain full control of the e-invoicing company.