Pearson PLC (LSE:PSON) interim results on 29 July come against a backdrop of downgrades for the competition in the English tuition space. In particular, rival IDP Education said regulatory changes had affected student volumes.
UBS has revised its earnings projections for Pearson PLC (LSE:PSON), signalling caution as the global education provider's first-half earnings approaches. The investment bank slashed its forecast for Pearson's 2024 earnings per share by 2%, attributing the downturn to disappointing English language testing volumes and legislative changes in Australia that may hinder international student flows.