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NEW YORK (Reuters) - Thomson Reuters exceeded first quarter revenue and operating profit estimates on Tuesday, helped by gains in its three main divisions and an economic recovery, as the global news and information company predicted full-year sales growth at the high end of earlier forecasts.
Adjusted earnings per share, which excluded a gain from the sale of the Thomson Reuters investment in Refinitiv and other adjustments, rose to 58 cents per share, well ahead of the 42 cents forecast by analysts.
That excludes a gain from the sale of a stake in data and analytics company Refinitiv to the London Stock Exchange Group. Thomson Reuters holds a 15% stake in the LSE following the Refinitiv deal, which closed in January.
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