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Thomson Reuters Corp. Q3 Profit Increases, Beats Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Thomson Reuters Corp. (TRI) reported earnings for its third quarter that Increased from last year and beat the Street estimates.

The company's bottom line came in at $423 million, or $0.94 per share. This compares with $301 million, or $0.67 per share, last year.

Excluding items, Thomson Reuters Corp. reported adjusted earnings of $383 million or $0.85 per share for the period.

Analysts on average had expected the company to earn $0.83 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 3.4% to $1.782 billion from $1.724 billion last year.

Thomson Reuters Corp. earnings at a glance (GAAP) :

-Earnings: $423 Mln. vs. $301 Mln. last year.
-EPS: $0.94 vs. $0.67 last year.
-Revenue: $1.782 Bln vs. $1.724 Bln last year.

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