Plus   Neg

Pearson To Deliver FY Adjusted Operating Profit In Line With Guidance

Pearson plc (PSO,PSON.L) announced, for 2018, the Group expects to deliver adjusted operating profit of 540 million pounds to 545 million pounds for 2018, in line with guidance of 520 million pounds to 560 million pounds. Adjusted earnings per share is projected in a range of 70.0 pence-71.0 pence. Total underlying revenues were down 1% year on year.

For 2019, the Group expects to deliver adjusted operating profit of between 590 million pounds to 640 million pounds. Adjusted earnings per share is expected in a range of 56.5 pence to 62.0 pence.

For comments and feedback contact: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Royal Bank of Canada (RY, RY.TO) reported that its first-quarter net income to shareholders increased to C$3.10 billion from C$2.93 billion, a year ago. Earnings per share was C$2.15 compared to C$2.01. Adjusted EPS was C$2.19 compared to C$2.05. On average, 12 analysts polled by Thomson Reuters expected... Google added bitcoin's 'B' symbol to its Keyboard on iOS devices, indicating the leading cryptocurrency's growing acceptance in the mainstream industry. The feature, however, is not added to Android keyboards. The addition of the bitcoin currency key reflects Google users' growing interest in bitcoin. According to Google Trends, 'What is Bitcoin?' was the most popular search question in 2018. Shares of Deutsche Telekom AG were losing around 2 percent in German trading after the telecom giant reported Thursday a net loss in its fourth quarter, compared to prior year's profit, despite increased revenues. Looking ahead, the company said its 2019 forecast shows undiminished growth momentum.
Follow RTT