Thomson Reuters Corp (STU:TOC)
€ 151.75 0.6 (0.4%) Market Cap: 68.66 Bil Enterprise Value: 69.93 Bil PE Ratio: 32.69 PB Ratio: 6.52 GF Score: 89/100
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Q3 2019 Thomson Reuters Corp Earnings Call Transcript

Oct 31, 2019 / 01:00PM GMT
Release Date Price: €62.24 (-0.83%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the third quarter earnings conference call. (Operator Instructions) As a reminder, this conference is being recorded.

I'll now like to turn the conference over to Senior Vice President, Investor Relations, Frank Golden. Please go ahead.

Frank J. Golden
Thomson Reuters Corporation - SVP of IR

Good morning, and thank you for joining us today. Our CEO, Jim Smith; and our CFO, Stephane Bello, will review the results for the third quarter and will update you on our outlook for the balance of the year and also for 2020. (Operator Instructions) I'll also remind you that Refinitiv is not included in our adjusted earnings or in our adjusted earnings per share, and we do not control Refinitiv as we own 45% of the partnership.

Now before we get started, there is 1 accounting item I will call out and that is our financial statements for the fourth quarter of 2018 and the first and second quarters of 2019 have been revised to correct the nonmaterial misstatement in each period related to our

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