Thomson Reuters Corp.'s (TRI.TO,TRI) second-quarter earnings attributable to common shareholders grew to $922 million or $1.11 per share from last year's $563 million or $0.67 per share.
Adjusted earnings from continuing operations were $449 million or $0.54 per share, compared with $429 million or $0.51 per share in the 2011 second quarter. The company attributed this increase primarily to the elimination of integration expenses and a lower tax rate which were partly offset by lower underlying operating profit. Foreign exchange had a $0.01 negative impact on adjusted earnings per share.
On an IFRS basis, revenues decreased 4% to $3.31 billion from $3.45 billion, while non-IFRS revenues from ongoing businesses edged up to $3.19 billion from $3.16 billion in the prior-year period. Analysts estimated revenues of $3.21 billion for the quarter.
Further, Thomson Reuters reaffirmed its business outlook for 2012, still expecting its revenues to grow low single-digits.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.