# Thomson Reuters Updates Financial Guidance Following Sale of Print Unit Stake

- URL: https://stocks.freetheai.org/news/thomson-reuters-updates-financial-guidance-following-sale-of-print-unit-stake-a7e2dc
- Published: 2026-10-19T20:01:00Z
- Category: company_news; sentiment: neutral; impact: medium
- Symbols: [TSX:TRI](https://stocks.freetheai.org/symbols/TSX-TRI)
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Thomson Reuters Corporation (TSX:TRI) published updated financial schedules and a revised third-quarter outlook after selling a 51% stake in its Global Print business to funds advised by KKR. The print business now operates as a joint venture named Westbridge Print. Following the transaction, the company is classifying the print business as discontinued operations beginning in the third quarter of 2026 and restating prior periods.

Excluding the print operations, the revised third-quarter outlook projects organic revenue growth of approximately 9% and an adjusted EBITDA margin of about 35%, compared to previous estimates of 8% organic growth and a 36% margin. Over time, commercial arrangements including royalty payments and service fees from Westbridge Print are expected to offset separation costs. The deal is projected to be margin neutral while adding 60 to 70 basis points to annual organic revenue growth starting in the fourth quarter.

Investors will receive a full revised 2026 outlook when third-quarter earnings are reported on November 3, 2026. Shares of the company closed down 0.95% at 152.7 CAD following the update.

## Key points

- Thomson Reuters completed the sale of a 51% stake in its Global Print business to KKR, forming joint venture Westbridge Print.
- The print business is reclassified as discontinued operations starting in the third quarter of 2026.
- Revised third-quarter guidance calls for about 9% organic revenue growth and a 35% adjusted EBITDA margin.
- The transaction is expected to add 60 to 70 basis points to annual organic revenue growth while remaining margin neutral.
- A revised full-year 2026 outlook will be provided alongside third-quarter financial results on November 3, 2026.

## Questions and answers

### Why did Thomson Reuters revise its financial guidance?

The company reclassified its Global Print business as discontinued operations after selling a 51% majority stake to KKR.

### How does the print sale affect Thomson Reuters revenue growth?

The transaction is expected to add 60 to 70 basis points to annual organic revenue growth and raise third-quarter organic growth to about 9%.

### When will Thomson Reuters publish its updated full-year 2026 outlook?

The company will release a revised full-year 2026 outlook when it reports third-quarter financial results on November 3, 2026.