Thomson Reuters reports higher Q3 sales, operating profit

FAN Editor

NEW YORK (Reuters) – Thomson Reuters Corp reported higher third-quarter revenue and operating profit on Tuesday, helped by gains in its three biggest divisions, and stuck to its forecasts for this year and next.

The Toronto-based news and information company recorded $1.57 billion in sales during the quarter, up 3%, which compared with expectations of $1.59 billion.

Operating earnings jumped 41% to $398 million.

Adjusted earnings per share came in at 57 cents. It was not immediately clear if that compared directly with analyst forecasts of 50 cents.

(Writing by Nick Zieminski in New York; Editing by Mark Potter)

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