Pearson won’t report its preliminary annual earnings until February 27 but Thursday the company provided a short trading update indicating that for the year as a whole, Pearson generated approximately £2 billion in digital revenues and approximately £600m in revenues in emerging markets. They also expect to exceed their full year earnings guidance by 10 percent (with the original forecast being 83p per share), attributing the good news to “rapid growth in digital services, our expanding position in developing economies and the continuing transformation of our business portfolio.” Penguin’s results are said to be “strong” during the holidays, with expectations […]
