Thomson Reuters Corporation Reports 12% Gain In Q3 Profit

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The FINANCIAL — Thomson Reuters Corporation revealed earnings for its third quarter that increased compared to the same period last year, according to Nasdaq.

The company said its bottom line came in at $405 million, or $0.52 per share. This was up from $361 million, or $0.45 per share, in last year’s third quarter.

Analysts had expected the company to earn $0.49 per share, according figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company said revenue for the quarter fell 4.2% to $2.98 billion. This was down from $3.11 billion last year.

Thomson Reuters Corporation earnings at a glance:

-Earnings (Q3): $405 Mln. vs. $361 Mln. last year.

-Earnings Growth (Y-o-Y): 12.2%

-EPS (Q3): $0.52 vs. $0.45 last year.

-EPS Growth (Y-o-Y): 15.6%

-Analysts Estimate: $0.49

-Revenue (Q3): $2.98 Bln vs. $3.11 Bln last year.

-Revenue Change (Y-o-Y): -4.2%




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