Feb 26 (Reuters) - Thomson Reuters Corp TRI.TO :
* THOMSON REUTERS REPORTS FOURTH-QUARTER AND FULL-YEAR 2018 RESULTS
* Q4 ADJUSTED EARNINGS PER SHARE $0.20
* Q4 IFRS EARNINGS PER SHARE $6.18
* APPROVED A $0.04 PER SHARE ANNUALIZED INCREASE IN DIVIDEND TO $1.44 PER COMMON SHARE
* QTRLY REVENUE $1.52 BILLION, UP 9 PERCENT AT CONSTANT CURRENCY
* Q4 DILUTED IFRS EPS INCLUDES A $3.4 BILLION GAIN ON SALE OF A 55% INTEREST IN F&R BUSINES
* Q4 EARNINGS PER SHARE VIEW $0.06, REVENUE VIEW $1.54 BILLION -- REFINITIV IBES DATA
* QTRLY REVENUE FROM LEGAL BUSINESS $599 MILLION, UP 4 PERCENT AT CONSTANT CURRENCY
* QTRLY REVENUE FROM TAX BUSINESS $248 MILLION, UP 8 PERCENT AT CONSTANT CURRENCY
* IN 2019 EXPECTS REVENUE GROWTH OF 7% - 8.5%, AT CONSTANT CURRENCY
* QTRLY REVENUE FROM REUTERS NEWS BUSINESS $155 MILLION
* IN 2019 EXPECTS ADJUSTED EBITDA OF $1.4 BILLION - $1.5 BILLION, AT CONSTANT CURRENCY
* QTRLY REVENUE FROM CORPORATES BUSINESS $315 MILLION, UP 7 PERCENT AT CONSTANT CURRENCY
* QTRLY REVENUE FROM GLOBAL PRINT BUSINESS $203 MILLION, DOWN 4 PERCENT AT CONSTANT CURRENCY
* IN 2019 EXPECTS FREE CASH FLOW OF $0 - $300 MILLION , AT CONSTANT CURRENCY
* Q4 OPERATING PROFIT DOWN 43% DUE TO COSTS & INVESTMENTS TO REPOSITION THOMSON REUTERS FOLLOWING SEPARATION OF F&R BUSINESS FROM CO
* IN 2020 EXPECTS REVENUE GROWTH OF 3.5 - 4.5 PERCENT, AT CONSTANT CURRENCY
* SAYS CORPORATE COSTS AT ADJUSTED EBITDA LEVEL WERE $235 MILLION IN QUARTER COMPARED TO $65 MILLION IN PRIOR-YEAR PERIOD
* IN 2020 EXPECTS FREE CASH FLOW OF $1 BILLION TO $1.2 BILLION, AT CONSTANT CURRENCY
* ANNOUNCED THAT IT PLANS TO REPURCHASE UP TO AN ADDITIONAL $250 MILLION OF ITS SHARES UNDER ITS NORMAL COURSE ISSUER BID
* Q4 ADJUSTED EPS IMPACTED BY SAME FACTORS THAT AFFECTED OPERATING PROFIT; BUT THESE WERE MITIGATED BY IMPACT OF SHARE REPURCHASES & LOWER INTEREST EXPENSE
* IN 2019 EXPECTS CORPORATE COSTS OF ABOUT $570 MILLION, AT CONSTANT CURRENCY
* IN 2020 EXPECTS CORPORATE COSTS OF $140 MILLION - $190 MILLION, AT CONSTANT CURRENCY
* IN 2019 EXPECTS INTEREST EXPENSE (P&L) OF $150 MILLION - $175 MILLION, AT CONSTANT CURRENCY
* IN 2019 EXPECTS CAPITAL EXPENDITURES TO BE ABOUT 9 PERCENT OF REVENUE, AT CONSTANT CURRENCY
* IN 2020 EXPECTS CAPITAL EXPENDITURES TO BE ABOUT 7.5-8 PERCENT OF REVENUE, AT CONSTANT CURRENCY
* 2019 ORGANIC REVENUE GROWTH IS EXPECTED TO BE 3% - 3.5%.
* Q4 REUTERS NEWS REVENUE UP 111 PERCENT AT CONSTANT CURRENCY DUE TO REVENUE FROM EDITORIAL CONTENT SUPPLY AGREEMENT WITH REFINITIV; ORGANIC REVENUE UP 1 PERCENT
* Q4 NET INTEREST EXPENSE $19 MILLION VERSUS $87 MILLION LAST YEAR
* FY2019 REVENUE VIEW $5.94 BILLION -- REFINITIV IBES DATA