Pearson nudges up guidance, but Nomura underwhelmed -UPDATE

Penguin books and Financial Times publisher Pearson has nudged up earnings guidance for 2011 after finishing the year with a flourish.

Penguin books and Financial Times publisher Pearson has nudged up earnings guidance for 2011 after finishing the year with a flourish.

The group said that 2011's earnings per share should be in the region of 85.25p, up from 77.5p in 2010 and ahead of previous guidance of earnings of around 83p per share (market consensus: 83.12p).

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