On August 4, Thomson Reuters rose 5.12% in regular trading, trading at 106.72 USD/share, with turnover of approximately $114 million. The stock rallied ahead of the company's second-quarter earnings release scheduled for August 5 before market open, as investors positioned for what consensus views as a strong quarter.

Market consensus expects Q2 revenue of approximately $19.14 billion, representing 6.83% year-over-year growth, with adjusted earnings per share of $0.96, up 16.09% year-over-year. The company had previously guided Q2 organic revenue growth of 7% to 8%, and its Q1 results exceeded expectations with adjusted EPS of $1.23 versus the $1.20 estimate and revenue of $2.087 billion beating the $2.046 billion consensus. The company also recently announced a $500 million joint venture with KKR for its global print unit and is accelerating AI deployment, including a partnership with Anthropic for its CoCounsel Legal platform and building its enterprise data platform on Snowflake.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)