11:59 AM EST - Thomson Reuters Corp. : reported that its second-quarter net earnings were $297 million U.S., down from $325 million U.S. in the same quarter last year. On a per share basis, net income was $0.35 U.S., down from $0.38 U.S. last year. Adjusted earnings per share from continuing operations declined to $0.47 U.S. from $0.58 U.S. last year. Revenues for the quarter were $3.216 billion U.S., compared to $3.293 billion U.S. in the prior-year quarter. The company reported ongoing revenues of $3.2 billion U.S., underlying operating profit of $655 million U.S., underlying operating profit margin of 20.4% and underlying free cash flow of $751 million U.S. Thomson Reuters Corp.
shares T.TRI are trading down $0.90 at $38.80.