REUTERS - Thomson Reuters Corp on Wednesday reported a higher-than-expected quarterly profit even as currency weighed on its revenues.
The news and information company said second-quarter net earnings were $281 million, or 33 cents per share, compared with $260 million, or 31 cents per share, a year ago.
Adjusted for special items, earnings were 52 cents per share. Analysts on average were looking for 50 cents per share, according to Thomson Reuters I/B/E/S.
Revenue fell 4 percent to $3.04 billion. Factoring out currency swings and acquisitions, organic revenue rose 2 percent.
In its Financial & Risk business, Thomson Reuters' largest division which caters to banks and other financial institutions, organic revenue rose 1 percent.
The company said it continues to expect positive organic revenue growth for 2015.
(Reporting by Lewis Krauskopf in New York; Editing by Alden Bentley and Nick Zieminski)
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