Thomson Reuters Reports Higher-than-Expected Q3 Revenue

(Reuters) – Thomson Reuters (NYSE:TRI) on Tuesday reported higher than expected third-quarter revenue and raised its full-year organic revenue growth forecast.

The Toronto-based content and technology company reported a quarterly revenue rise of 8% to $1.72 billion, just ahead of analyst expectations, according to LSEG data.

The company reported adjusted earnings per share of 80 cents, exceeding Wall Street's expectation of a profit per share of 76 cents.

Thomson Reuters now expects full-year organic revenue to rise by about 7%, up from an earlier expectation of about 6.5%.