07:09 AM EST, 11/05/2024 (MT Newswires) -- Thomson Reuters ( TRI ) , up 16% in U.S. premarket trade, reported an adjusted profit beat for the third quarter. The company also raised its 2024 revenue outlook by 7%, reflecting strong growth so far this year.

Earnings, adjusted to exclude most one-time items, fell to US$359 million, or US$0.80 per share, from US$375 million, or US$0.82 per share, last year. The result still beat the consensus analyst forecast of US$0.77 per share, according to Capital IQ.

Revenue rose 8%, to US$1.72 billion. The company's "Big 3" segments - legal, corporate, and tax & accounting - reported organic revenue growth of 9% and collectively accounted for 81% of total revenues.

Shares were last seen up US$25.99, to US$191.01, in New York trade.