Thomson Reuters reported higher fourth-quarter revenue, with a forecasted 7.5-8% rise for 2026. CEO Steve Hasker credited investments in AI for these benefits, despite a stock drop of 5%. The company raised its dividend by 10% to $2.62 per share, matching LSEG estimates of $2 billion in Q4 revenue.

AI newcomers like Anthropic have impacted Thomson Reuters’ share prices, dropping nearly 18% on Tuesday. Anthropic’s legal plug-in for its Claude Cowork coding tool poses a challenge as a new market for Thomson Reuters. However, the company’s proprietary legal offerings backed by trained professionals distinguish it from general purpose AI startups.

Thomson Reuters executives emphasize the importance of professional-grade AI products, utilizing centuries of legal papers and archives for its offerings. The company’s Westlaw Advantage AI product, launched last year, automates legal research and analysis. CFO Michael Eastwood notes generative AI accounted for 28% of Thomson Reuters’ contract value in Q4.

Thomson Reuters exceeded Wall Street expectations with earnings per share at $1.07 and revenue growth in key segments. The Reuters news division saw a 5% organic revenue increase driven by content licensing deals. The company has earmarked $11 billion for deals over the next three years, mainly focused on its “Big 3” segments.

Read more at Yahoo Finance: Thomson Reuters reports fourth-quarter revenue rise, shares slip