Pearson Falls On Modest Profit Warning

by on January 21, 2013 in Earnings Reports, Finance, International News, Publishers

In a trading update ahead of their full late-February earnings report, Pearson said to expect profits slightly short of what analysts had been expecting. Forecast operating profit of approximately £935 million and adjusted earnings of approximately 84 pence per share is only nine-tenths of a pence below expectations--but Pearson generally outperforms…

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