(Adds comparison with estimates, detail on segment performance and company outlook)
April 28 (Reuters) - Thomson Reuters Corp TRI.N TRI.TO on Friday reported higher first-quarter revenue and reaffirmed its full-year sales outlook.
The news and information company reported first-quarter net earnings of $314 million or 41 cents per share, up from $272 million or 34 cents per share a year ago.
Adjusted for special items, earnings were 63 cents per share.
Analysts, on average, were looking for 53 cents per share, according to Thomson Reuters I/B/E/S.
Revenue increased 1 percent to $2.82 billion from a year earlier, also ahead of estimates.
The company reaffirmed its outlook for the year of a low-single digit sales increase.
Its biggest segment, its Financial & Risk unit, which provides news and analytics to financial services companies, saw revenue of $1.5 billion. The division's sales outpaced cancellations, a key indicator of future growth, marking a reversal from last quarter.
Thomson Reuters, the parent of Reuters News, competes for financial customers with Bloomberg LP, as well as News Corp's NWSA.O Dow Jones unit.