Thomson Reuters Corp (STU:TOC)
€ 158.3 1.5 (0.96%) Market Cap: 71.16 Bil Enterprise Value: 72.58 Bil PE Ratio: 34.20 PB Ratio: 6.59 GF Score: 89/100
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Q4 2018 Thomson Reuters Corp Earnings Call Transcript

Feb 26, 2019 / 01:30PM GMT
Release Date Price: €49.74 (+2.50%)
Operator

Ladies and gentlemen, thank you for standing by. Welcome to Thomson Reuters' fourth-quarter and full-year 2018 earnings call. (Operator Instructions). As a reminder, today's conference call is being recorded. I'd now like to turn the conference over to Frank Golden, Senior Vice President of Investor Relations. Please go ahead, sir.

Frank Golden
Thomson Reuters - SVP of IR

Thanks very much. Good morning, everyone, and thanks for joining us today. Our CEO Jim Smith and our CFO Stephane Bello will review the results for the fourth quarter and the full year in a moment and they will also discuss our outlook for 2019 and 2020. When we open the call for questions we'd appreciate it if you'd limit yourselves to one question each to enable us to get to as many questions as possible.

Now as a reminder, we no longer control Refinitiv given that we own 45% and, beginning with the fourth quarter, Refinitiv's results are accounted for as an equity method investment on our income statement. As a result Refinitiv isn't included in our adjusted earnings nor in our

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