Pearson Expects Earnings at Top End of Forecasts
By: Reuters
Pearson, the world's biggest publisher of educational materials, said on Monday it expects to post earnings per share at the top end of current market expectations due to strong fourth-quarter trading.
The London-based company said its education arm saw good revenue momentum and better-than-expected margin improvement while the Financial Times boosted circulation and advertising and Penguin had a good year-end publishing and selling season.
The company's full-year results are scheduled for Feb. 26.
Pearson, the world's biggest publisher of educational materials, said on Monday it expects to post earnings per share at the top end of current market expectations due to strong fourth-quarter trading.
