8th Oct 2019 13:30
(Alliance News) - Pearson PLC said Tuesday that Goldman Sachs Group Inc has lowered its holding in the FTSE 100 listed education company to 0.9% from 6.0% in a transaction on Thursday last week.
In late September, Pearson said it expects revenue for 2019 to stabilise, but adjusted operating profit to be at the bottom of its guidance range of GBP590 million to GBP640 million. Adjusted earnings per share also is predicted to be at the bottom of the guidance range of 57.5p to 63.0p.
Shares in Pearson were down 0.5% at 712.20 pence on Tuesday in London.
By Dayo Laniyan; [email protected]
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