Thomson Reuters Re-affirms Full-year Outlook - Quick Facts

(RTTNews) - Thomson Reuters (TRI, TRI.TO) re-affirmed its full-year business outlook for 2015, which was previously communicated in February 2015. The company continues to expect: positive organic revenue growth; and adjusted EBITDA margin to range between 27.5% and 28.5%.

The company's 2015 outlook assumes constant currency rates compared to 2014. In light of the increased volatility recently seen in the foreign currency markets, the company continues to believe that currency is likely to have a higher-than-usual impact on its results in 2015.

For the third-quarter, adjusted earnings per share was $0.52. Analysts polled by Thomson Reuters expected the company to report profit per share of $0.49 for the quarter. Analysts' estimates typically exclude special items.

Adjusted EBITDA grew 2% to $838 million. Excluding the impact of currency, adjusted EBITDA grew 7%. Excluding the impact of currency, adjusted EBITDA margin was 160 basis points higher than the prior-year period.

Reported revenues were down 4% as the negative impact of foreign currency reduced revenues by 5%. Revenues before currency grew 1%.