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Thomson Reuters' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Thomson Reuters (TRI)

Q1 2012 Earnings Call

May 01, 2012 8:30 am ET

Executives

Frank J. Golden - Senior Vice President of Investor Relations

James C. Smith - Chief Executive Officer, President and Director

Stephane Bello - Chief Financial Officer and Executive Vice President

Analysts

Suzanne E. Stein - Morgan Stanley, Research Division

Drew McReynolds - RBC Capital Markets, LLC, Research Division

Vince Valentini - TD Securities Equity Research

Tim Casey - BMO Capital Markets Canada

William G. Bird - Lazard Capital Markets LLC, Research Division

Phillip Huang - UBS Investment Bank, Research Division

Adam Shine - National Bank Financial, Inc., Research Division

Paul D. Sullivan - Barclays Capital, Research Division

Douglas M. Arthur - Evercore Partners Inc., Research Division

Matthew Walker - Nomura Securities Co. Ltd., Research Division

Sami Kassab - Exane BNP Paribas, Research Division

Presentation

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Thomson Reuters First Quarter 2012 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to our host, Frank Golden, Senior Vice President of Investor Relations. Please go ahead, sir.

Frank J. Golden

Good morning, and thank you for joining us as we report first quarter 2012 results. We'll begin today with our CEO, Jim Smith; followed by Stephane Bello, our CFO. Following Jim and Stephane's presentations, we will open the call for questions. Please limit yourselves to one question each so we can get to as many as possible.

Throughout today's presentation, keep in mind that when we compare performance period-on-period, we look at revenue growth rates before currency as we believe this provides the best basis to measure the underlying performance of the business. In addition, today's results are presented on an ongoing basis and exclude disposals announced to-date, including our Healthcare business.

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