Pearson reports in-line Q1, reiterates full-year guidance
26th Apr 2024 07:12
(Sharecast News) - Pearson reported an in-line performance for the first quarter and reiterated its full-year guidance.
Read moreLondon close: Stocks start the month with positive close
1st Mar 2024 15:06
(Sharecast News) - London's financial markets finished in positive territory on Friday, with investor sentiment buoyed by the recent easing of inflation in the United States, as market participants mulled the latest manufacturing data from the UK.
Read morePearson FY profits jump on strong demand for English courses
1st Mar 2024 07:39
(Sharecast News) - UK educational publisher Pearson said it expected 2024 earnings to be in line with expectations after reporting a rise in annual profits driven by strong demand for its English language courses and extending its share buyback by £200m.
Read moreLondon close: Stocks slip after surprise jump in UK inflation
17th Jan 2024 15:03
(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.
Read morePearson flags 5pc sales growth in 2023
17th Jan 2024 07:22
(Sharecast News) - Education publisher Pearson reported a robust set of financial and strategic advancements in a full-year trading update on Wednesday, with 2023 underlying group sales growth coming in at 5%, excluding the impact of OPM and strategic review businesses.
Read moreLondon close: Stocks rise on flurry of manufacturing data
1st Dec 2023 17:39
(Sharecast News) - London stocks closed positively on Friday, with miners playing a pivotal role following broker upgrades and optimistic Chinese manufacturing data.
Read moreLondon close: Stocks higher after flurry of corporate updates
30th Oct 2023 16:00
(Sharecast News) - London's financial markets showed resilience on Monday, finishing with gains as investors assessed corporate results and awaited significant central bank policy updates.
Read morePearson lifts profit guidance despite slight Q3 slowdown
30th Oct 2023 07:28
(Sharecast News) - Educational publishing giant Pearson has lifted its profit guidance for the full year by £20m despite a slowdown in revenue growth in the third quarter.
Read morePearson shares drop as CEO Andy Bird retires
20th Sep 2023 08:02
(Sharecast News) - Shares in educational publisher Pearson dropped on Wednesday morning after the company announced the exit of its chief executive Andy Bird, who has been in the role for three years.
Read morePearson's growth potential not baked into share price, says ShoreCap
31st Aug 2023 08:11
(Sharecast News) - The recent weakness in Pearson's share price has been unwarranted, according to broker Shore Capital, which reiterated its 'buy' rating on the stock on Thursday.
Read morePearson 1H operating profits jump, confident on meeting full-year expectations
31st Jul 2023 07:18
(Sharecast News) - Pearson posted stronger first half sales for a big jump in operating profits, together with an improved cash flow performance.
Read moreCiti opens 'positive catalyst watch' on Pearson ahead of H1 results
12th Jul 2023 10:29
(Sharecast News) - Citi said on Wednesday that it was opening a "positive catalyst watch" on educational publisher Pearson as it thinks the first-half results at the end of July will act as a positive catalyst.
Read moreBroker tips: Bunzl, Pearson
12th Jul 2023 07:53
(Sharecast News) - RBC Capital Markets downgraded Bunzl on Wednesday to 'underperform' from 'sector perform' and cut the price target to 2,550p from 2,850p as it said deflationary forces are building.
Read moreUBS upgrades Pearson to 'buy'
5th Jul 2023 15:40
(Sharecast News) - UBS upgraded education publisher Pearson on Wednesday to 'buy' from neutral' and lifted the price target to 970p from 930p.
Read morePearson hails opportunities in artificial intelligence
9th May 2023 13:56
(Sharecast News) - Pearson hailed the opportunities offered by Artificial Intelligence in a strategy update.
Read more