Pearson should confirm its full-year guidance at next week’s first-quarter update, according to Citigroup.
The US bank, which has a buy recommendation and a 1,140p share price target, expects a decline in higher education and virtual learning to be offset elsewhere.
Helpfully, says Citi, the online education group now published data on each segment’s performance and outlook with its last results as well as underlying growth guidance for the group.
These were for low-mid single-digit earnings growth, excluding the OPM arm that is now being sold, and a mid-teen margin target this year.
Shares were 835p, down 0.4% today.