Pearson (LON:PSON) Announces Earnings Results

Key Points

• Pearson reported a quarterly earnings per share (EPS) of GBX 24.50 ($0.32) with a net margin of 9.83% and a return on equity of 8.98%.
• Following the announcement, Pearson's stock increased by 6.3% to GBX 1,140 ($15.06), with significant trading volume of over 6.9 million shares.
• Insider buying activity was noted, with two insiders purchasing a total of 2,634 shares of Pearson stock recently, indicating confidence in the company's prospects.

Pearson (LON:PSON - Get Free Report) announced its quarterly earnings data on Friday. The company reported GBX 24.50 ($0.32) EPS for the quarter, Digital Look Earnings reports. Pearson had a net margin of 9.83% and a return on equity of 8.98%.

Pearson Stock Up 6.3%

PSON traded up GBX 67.50 ($0.89) during trading on Friday, hitting GBX 1,140 ($15.06). 6,950,554 shares of the company's stock traded hands, compared to its average volume of 4,915,021. The stock has a market capitalization of £7.70 billion, a price-to-earnings ratio of 22.10, a PEG ratio of 0.83 and a beta of 0.31. The company's 50 day simple moving average is GBX 1,083.82 and its two-hundred day simple moving average is GBX 1,190.80. Pearson has a 12-month low of GBX 1,010 ($13.34) and a 12-month high of GBX 1,401 ($18.51). The company has a current ratio of 1.78, a quick ratio of 1.07 and a debt-to-equity ratio of 42.49.

Insiders Place Their Bets

In other Pearson news, insider Graeme Pitkethly bought 2,286 shares of the firm's stock in a transaction on Monday, June 30th. The stock was acquired at an average price of GBX 1,077 ($14.23) per share, with a total value of £24,620.22 ($32,523.41). Also, insider Annette Thomas purchased 348 shares of Pearson stock in a transaction dated Monday, June 30th. The stock was bought at an average price of GBX 1,077 ($14.23) per share, with a total value of £3,747.96 ($4,951.07). Insiders have bought 4,651 shares of company stock worth $5,009,127 over the last three months. Company insiders own 0.35% of the company's stock.

Pearson Company Profile

At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That's why our c.20,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world's leading learning company, serving customers in c.200 countries with digital content, assessments, qualifications, and data.

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