Thomson Reuters’ Investor Meeting Takeaways
<p>RBC Capital analysts provided their key takeaways from <a href='https://financialmodelingprep.com/financial-summary/TRI'>Thomson Reuters Corporation (NYSE:TRI)</a> investor meeting, noting they view the company as a high-quality core holding with both growth and defensive attributes. </p>
<p>The analysts believe the company has the ability to deliver average annual total returns of approximately 10–15% over the longer term and has entered a new phase of 8–12% annual dividend growth underpinned by a step-up in free cash flow generation driven by the ongoing Change Program. </p>
<p>According to the analysts, the company remains on track to meet its upwardly revised financial outlook for 2022 and 2023 despite rising macro uncertainty.</p>
<p>The company reiterated previously provided guidance for Q3/22 and 2022, noting no material signs of a slowdown across its businesses. Notwithstanding any major realized cyclical headwinds, management remains confident in delivering above 5%-6% organic revenue growth through 2023 and beyond.</p>

NYSE:TRI