Pearson (PSON)

Sector:

Media

Index:

FTSE 100

1,137.50p
   
  • Change Today:
      65.00p
  • 52 Week High: 1,379.00p
  • 52 Week Low: 1,013.50p
  • Currency: UK Pounds
  • Shares Issued: 648.80m
  • Volume: 3,737,990
  • Market Cap: £7,380m
  • RiskGrade: 238

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

Email this article to a friend

or share it with one of these popular networks:


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 1,137.50p
Change Today 65.00p
% Change 6.06 %
52 Week High 1,379.00p
52 Week Low 1,013.50p
Volume 3,737,990
Shares Issued 648.80m
Market Cap £7,380m
RiskGrade 238

Pearson Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.68% below the market average94.68% below the market average94.68% below the market average94.68% below the market average94.68% 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
15.02% below the market average15.02% below the market average15.02% below the market average15.02% below the market average15.02% below the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Income
54.72% below the market average54.72% below the market average54.72% below the market average54.72% below the market average54.72% below the market average
57.89% below the sector average57.89% below the sector average57.89% below the sector average57.89% below the sector average57.89% below the sector average
Growth
7.56% above the market average7.56% above the market average7.56% above the market average7.56% above the market average7.56% above the market average
24.32% below the sector average24.32% below the sector average24.32% below the sector average24.32% below the sector average24.32% below the sector average

What The Brokers Say

Strong Buy 1
Buy 2
Neutral 5
Sell 0
Strong Sell 1
Total 9
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Pearson Dividends

  Latest Previous
  Interim Final
Ex-Div 14-Aug-25 20-Mar-25
Paid 15-Sep-25 09-May-25
Amount 7.80p 16.60p

Trades for 01-Aug-2025

Time Volume / Share Price
16:35 173 @ 1,137.50p
16:35 3,000 @ 1,137.50p
16:35 1,027 @ 1,137.50p
16:35 24,019 @ 1,137.50p
16:35 2,976 @ 1,137.50p

Top of Page