Thomson Reuters Reports Profit In Q4 - Quick Facts

(RTTNews) - Thomson Reuters (TRI, TRI.TO) reported fourth-quarter net income to shareholders of $1.15 billion or $1.43 per share, compared to a loss of $351 million or $0.43 per share, prior year. Adjusted earnings per share was $0.43, for the quarter. Excluding charges, EPS was $0.53, for the quarter.

In 2014, EPS included a $931 million gain realized in connection with the release of accumulated foreign currency translation adjustments from shareholders' equity that were triggered by a reduction in the number of subsidiaries in the company's legal organizational structure. In 2013, the company's EPS included a tax charge of $425 million related to the consolidation of technology and content assets.

On average, 19 analysts polled by Thomson Reuters expected the company to report profit per share of $0.47 for the quarter. Analysts' estimates typically exclude special items.

Revenues decreased to $3.21 billion from $3.28 billion last year. Analysts expected revenue of $3.26 billion for the quarter. Thomson Reuters expects positive organic revenue growth for 2015.

The board of Thomson Reuters approved a $0.02 per share annualized increase in the dividend to $1.34 per share. A quarterly dividend of $0.335 per share is payable on March 16, 2015 to common shareholders of record as of February 23, 2015.