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BRIEF-Thomson Reuters Q4 adjusted earnings per share $0.65

Published 2016-02-11, 06:56 a/m
© Reuters.  BRIEF-Thomson Reuters Q4 adjusted earnings per share $0.65
TRI
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Feb 11 (Reuters) - Thomson Reuters Corp TRI.TO :
* Reports fourth-quarter and full-year 2015 results
* Qtrly adjusted earnings per share $0.65
* Qtrly financial & risk organic revenues were unchanged from the prior-year
period
* Qtrly financial & risk net sales were positive for both the fourth quarter
and the full year
* Qtrly reported revenue declined 2%; before currency, revenue grew 2% (all
organic)
* Q4 revenues from ongoing businesses $3.15 billion versus $3.21 billion last
year
* For 2016 expects low single digit revenue growth before currency
* Sees 2016 free cash flow before currency to range between $1.7 billion and
$1.9 billion
* For 2016 expects adjusted EBITDA margin to range between 27.3% and 28.3%
before currency
* For 2016 expects underlying operating profit margin to range between 18.4%
and 19.4% before currency
* Qtrly IFRS earnings per share $0.53
* Board approved $0.02 annual dividend increase to $1.36 per share
* Says plans to repurchase up to an additional $1.5 billion of its shares
* Q4 Financial & Risk recurring revenues (77% of the segment's revenues in the
quarter) increased 2%
* Qtrly revenue from Financial & Risk business $1.53 billion, flat before
currency
* Qtrly revenue from Legal Business $867 million, up 2 percent before currency
* Q4 earnings per share view $0.58, revenue view $3.17 billion -- Thomson
Reuters I/B/E/S
* Qtrly revenue from Tax & Accounting Business $410 million, up 7 percent
before currency
* Qtrly revenue from Intellectual Property & Science Business $274 million, up
3 percent before currency
* Qtrly revenue from corporate & other (includes Reuters news) business $74
million, flat before currency
* Currently expects to close the transaction to sell its IP&S business in the
second half of the year.

* Source text for Eikon ID:nPn38Tjpt
* Further company coverage TRI.TO

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