PEARSON : UBS cuts its forecasts
' Pearson faces near-term challenges, and we cut EPS on 2024 by -2%, but we remain Buy due to forecasts for 2025 and expect the shares to appreciate in value. First-half results could be challenging' says UBS.
' The reduction in earnings mainly reflects higher-than-expected financial expenses in 2024. We believe that organic growth is achievable in 2024, but note that there is a downside risk' says UBS.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
Go to the original article.
Contact us to request a correction