Pearson (PSO) surprisingly cuts its 2012 guidance, estimating operating profit at £935M and EPS...

|About: Pearson plc (PSO)|By:, SA News Editor

Pearson (PSO) surprisingly cuts its 2012 guidance, estimating operating profit at £935M and EPS of 84 pence, slightly below consensus of £942M and 84.9 pence respectively. In addition, the company expects tough market conditions and structural industry change to continue into 2013. Shares -2.6% in London. (PR)