Thomson Reuters reports higher second-quarter sales and profit

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Thomson Reuters reported adjusted earnings of 84 cents per share. It was not immediately clear if that compared directly to analyst forecasts for 78 cents

on Wednesday reported higher sales and operating profit in the first quarter, helped by strong performance at its “Big 3″ segments: Legal Professionals, Corporates and Tax & Accounting Professionals.

The news and information company reported adjusted earnings of 84 cents per share. It was not immediately clear if that compared directly to analyst forecasts for 78 cents. Total revenue rose 2 per cent in the quarter to $1.65-billion, missing expectations, according to estimates from Refinitiv. Woodbridge Co. Ltd., the Thomson family holding company and controlling shareholder of Thomson Reuters, also owns The Globe and Mail.Checking box will enable automatic data updates.

 

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