Thomson Reuters Corp. Q3 Profit Increases, Beats Estimates

(RTTNews) - 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.