Thomson Reuters: Q2 Earnings Snapshot
TORONTO (AP) — TORONTO (AP) — Thomson Reuters Corp. (TRI) on Wednesday reported second-quarter profit of $894 million.
On a per-share basis, the Toronto-based company said it had net income of $1.90. Earnings, adjusted for non-recurring gains and to account for discontinued operations, came to 84 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share.
The news and financial information company posted revenue of $1.65 billion in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $1.66 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRI at https://www.zacks.com/ap/TRI
