Pearson H1 2024 Adj. EPS 25.6p Flat YoY, Revenue £1.754B Down From £1.879B YoY
Portfolio Pulse from Benzinga Newsdesk
Pearson reported its H1 2024 adjusted EPS at 25.6p, remaining flat year-over-year. However, revenue decreased to £1.754 billion from £1.879 billion year-over-year.
July 29, 2024 | 6:44 am
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Pearson's H1 2024 adjusted EPS remained flat at 25.6p, but revenue decreased to £1.754 billion from £1.879 billion year-over-year. This mixed performance may lead to short-term volatility in the stock price.
The flat EPS indicates stable profitability, but the significant drop in revenue suggests potential challenges in sales or market conditions. This mixed result is likely to cause short-term volatility in Pearson's stock price.
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