Pearson (PSON)

Sector:

Media

Index:

FTSE 100

1,165.00p
   
  • Change Today:
    -12.00p
  • 52 Week High: 1,379.00
  • 52 Week Low: 932.20
  • Currency: UK Pounds
  • Shares Issued: 658.61m
  • Volume: 4,915,346
  • Market Cap: £7,673m
  • RiskGrade: 238
  • Beta: 0.01

Pearson FY profits jump on strong demand for English courses

By Frank Prenesti

Date: Friday 01 Mar 2024

LONDON (ShareCast) - (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.
Pre-tax profit rose to £493m from £323m, although sales fell to £3.67bn from £3.8bn. Operating profit of jumped by 31% to £573m on an underlying basis.

New chief executive Omar Abbosh, who took over in January, said Pearson was well positioned for continued growth, including an inflection point with the development of AI.

"I am optimistic about the opportunities this advancement in technology brings," he said.

Underlying sales growth and profit this year was forecast to be in line with current market expectations, with sales growth of 3.7% and adjusted operating profit of £621m.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Pearson Market Data

Currency UK Pounds
Share Price 1,165.00p
Change Today -12.00p
% Change -1.02 %
52 Week High 1,379.00
52 Week Low 932.20
Volume 4,915,346
Shares Issued 658.61m
Market Cap £7,673m
Beta 0.01
RiskGrade 238

Pearson Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.45% below the market average95.45% below the market average95.45% below the market average95.45% below the market average95.45% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
52.36% above the market average52.36% above the market average52.36% above the market average52.36% above the market average52.36% above the market average
81.40% above the sector average81.40% above the sector average81.40% above the sector average81.40% above the sector average81.40% above the sector average
Income
64.66% below the market average64.66% below the market average64.66% below the market average64.66% below the market average64.66% below the market average
77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average
Growth
2.90% above the market average2.90% above the market average2.90% above the market average2.90% above the market average2.90% above the market average
31.58% below the sector average31.58% below the sector average31.58% below the sector average31.58% below the sector average31.58% below the sector average

What The Brokers Say

Strong Buy 1
Buy 3
Neutral 5
Sell 0
Strong Sell 1
Total 10
neutral
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Pearson Dividends

  Latest Previous
  Final Interim
Ex-Div 20-Mar-25 08-Aug-24
Paid 09-May-25 16-Sep-24
Amount 16.60p 7.40p

Trades for 30-May-2025

Time Volume / Share Price
16:47 7,917 @ 1,170.71p
16:42 1,039 @ 1,165.05p
16:40 1,088 @ 1,165.00p
16:36 8,567 @ 1,165.00p
16:36 5,500 @ 1,165.00p

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