Report
Michael Field
EUR 100.00 For Business Accounts Only

Narrow-Moat Pearson Follows the Course in 1Q

Narrow-moat Pearson produced a set of first-quarter numbers slightly above our full-year expectations with underlying revenue growth of 2%. But with the big selling period coming later in the year--at least, for North American higher education--there is the potential for further twists and turns in the story. As such, we maintain our forecasts and GBX 880 fair value estimate. We believe the shares are currently up with events.
Divisionally, growth was not quite in the pattern we expected. North ...
Underlying
Pearson PLC ADS

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Michael Field

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