Home / Market Update / Thomson Reuters’ sales and operating profits rose in Q3
Thomson Reuters
Thomson Reuters

Thomson Reuters’ sales and operating profits rose in Q3

Thomson Reuters on Wednesday reported higher revenues and operating profits in the third quarter of this year, supported by gains in its three largest divisions – legal and corporate services and tax and accounting professionals.

The provider of information and tools for lawyers, accountants and other professionals announced adjusted earnings of 82 cents per share. It is not yet clear whether this is a direct comparison to analysts’ expectations of an increase of 71 cents.

Total revenues rose 1 percent in the third quarter to $1.59 billion, exceeding expectations, according to LSEG data.

Check Also

AI IPO Wave Ignites Markets as Skepticism Grows: OpenAI and Anthropic in the Spotlight

Global Markets Ride a Tech-Driven WaveGlobal equity markets are extending their upward momentum, supported by …