Thomson Reuters Earnings Beat Estimates

Thomson Reuters Corp. (TRI) reported fourth-quarter net income of $587 million, with adjusted earnings per share of $1.01. This surpassed Wall Street expectations of 96 cents per share.

Revenue for the period reached $1.91 billion, also exceeding estimates of $1.9 billion.

For the full year, the company posted a profit of $2.21 billion ($4.89 per share) on revenue of $7.26 billion.