Pearson nudges up earnings guidance

published 19 January 2012

Publishing group Pearson has marginally increased its earnings guidance for 2011 on the back of strong growth in its digital services.

For the year as a whole, Pearson generated around £2bn of digital revenues and some £600m of revenues in emerging markets. The group now expects to report 2011 adjusted earnings per share (EPS) growth of about 10% from 2010's EPS of 77.5p, ahead of previous guidance of around 83p per share.

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