OTTAWA (dpa-AFX) - Thomson Reuters Corporation (TRI.TO) revealed a profit for third quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line came in at $301 million, or $0.67 per share. This compares with $367 million, or $0.80 per share, in last year's third quarter.
Excluding items, Thomson Reuters Corporation reported adjusted earnings of $359 million or $0.80 per share for the period.
Analysts on average had expected the company to earn $0.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 8.2% to $1.724 billion from $1.594 billion last year.
Thomson Reuters Corporation earnings at a glance (GAAP) :
-Earnings (Q3): $301 Mln. vs. $367 Mln. last year. -EPS (Q3): $0.67 vs. $0.80 last year. -Revenue (Q3): $1.724 Bln vs. $1.594 Bln last year.
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