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January 19, 2010By Michael Cader

Pearson Raises Earnings Guidance for the Year

January 19, 2010By Michael Cader

In a trading advisory ahead of their annual earnings report on March 1, Pearson told investors that they expect to show earnings per share growth of “around 10%, ahead of our previous guidance and the current consensus of market expectations (approximately 61 pence per share.) The company says, “Throughout the year, we have benefited from strong growth in US higher education; good profit improvement in US school testing and international education; and the resilience of professional testing and our subscription-based businesses in the FT Group…. In addition, in the fourth quarter we began to see the first signs of trading […]

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Filed Under: Earnings Reports, International News, Publishers

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