Thomson Reuters (TRI) Misses Q3 EPS by 47c, Miss on Revenues

*Results may not be comparable

Thomson Reuters (NYSE: TRI) reported Q3 EPS of $0.11, $0.47 worse than the analyst estimate of $0.58. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $2.95 billion.

"Our third-quarter results continued to build on a solid first half," said Jim Smith, president and chief executive officer of Thomson Reuters. "Accelerating sales momentum and strong recurring revenue growth delivered our best top-line performance in more than two years. Achieving 3% organic growth is particularly encouraging and we view this as a base to build upon. Our year-to-date performance strengthens our confidence that we are on track to deliver a solid year and an even better 2019."

For earnings history and earnings-related data on Thomson Reuters (TRI) click here.

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