Pearson warns of U.S. weakness, sees 2019 profit at bottom of guidance [MarketWatch]
Pearson, Plc (PSO)
US:NYSE Investor Relations:
pearson.com/corporate/investors/investor-information.html
Company Research
Source: MarketWatch
Pearson warns of U.S. weakness, sees 2019 profit at bottom of guidance Pearson PLC warned Thursday of a weaker than expected third-quarter performance at its key U.S. higher-education courseware segment, and said it anticipates full-year adjusted operating profit at the bottom of its guidance. The London-listed education publisher PSON, -14.87% said revenue at its U.S. higher-education courseware segment fell around 10% for the first nine months of the year. The company now expects revenue from that business to decline by 8% to 12% in 2019, having previously guided for a fall of up to 5%. Pearson said it now expects adjusted operating profit to be at the bottom of its guidance range of 590 million to 640 million pounds ($732.1 million to $794.1 million), while adjusted earnings per share are forecast at the low end of its range of 57.5 pence to 63.0 pence. The company said it still expects group revenue to stabilize this year.
Show less
Read more
Impact Snapshot
Event Time:
PSO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PSO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PSO alerts
High impacting Pearson, Plc news events
Weekly update
A roundup of the hottest topics
PSO
News
- Pearson plc (NYSE: PSO) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Pearson 2024 Nine Month Trading Update (Unaudited)Business Wire
- Pearson plc (NYSE: PSO) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Pearson and ServiceNow collaborate to supercharge workforce development and employee experiences in the age of AIPR Newswire
- Pearson and ServiceNow collaborate to supercharge workforce development and employee experiences in the age of AIPR Newswire
PSO
Sec Filings
- 11/1/24 - Form 6-K
- 10/30/24 - Form 6-K
- 10/29/24 - Form 6-K
- PSO's page on the SEC website