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Why Shares of Pearson PLC Jumped Today [The Motley Fool]

PEARSON (PSO)  More Company Research Source: The Motley Fool
PDF The company expects to match its guidance for the first quarter, continue major cost-cutting, and has started a strategic review of its U.S. K-12 courseware publishing business. Timothy Green ( TMFBargainBin ) May 5, 2017 at 1:03PM What happened Shares of  Pearson PLC ( NYSE:PSO ) surged on Friday after the education courseware provider gave an update on its first quarter and announced various initiatives. The stock was up about 13% at 11:15 a.m. EDT. So what Pearson disclosed that its first-quarter sales were in line with its previous guidance, up 6% in underlying terms. The main growth drivers were North American education courseware, professional certification, online program management, South African textbooks, and U.K. student assessment. Image source: Pearson PLC. Pearson also left its outlook for 2017 unchanged. The company expect [Read more]

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