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

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)
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  • woppenhe
    , contributor
    Comments (176) | Send Message
     
    What are the tough conditions. They own a good deal of their market, and every day there are more and more customers due to over regulation and the need for credentialing, test taking, and certifications.
    21 Jan 2013, 12:44 PM Reply Like
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