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Latest Share Chat

Thomson Reuters posts higher revenue but operating profit falls

Tue, 08th Feb 2022 11:45

NEW YORK, Feb 8 (Reuters) - Thomson Reuters Corp
on Tuesday reported higher revenue in the fourth quarter
and raised its dividend and sales forecast, but said operating
profit was down from a year ago, when it saw a significant gain
from an investment sale and other items.

The news and data provider and parent company of Reuters
News said fourth-quarter operating profit fell 73% year on year
to $257 million. Adjusted earnings per share, which exclude
one-time items, fell to 43 cents per share from 54 cents.
(Writing by Nick Zieminski in New York
Editing by Mark Potter)

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