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Pearson Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St · 03/18 08:15

Pearson (LON:PSON) Full Year 2024 Results

Key Financial Results

  • Revenue: UK£3.55b (down 3.3% from FY 2023).
  • Net income: UK£434.0m (up 15% from FY 2023).
  • Profit margin: 12% (up from 10% in FY 2023). The increase in margin was driven by lower expenses.
  • EPS: UK£0.65 (up from UK£0.53 in FY 2023).
revenue-and-expenses-breakdown
LSE:PSON Revenue and Expenses Breakdown March 18th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Pearson EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 14%.

The primary driver behind last 12 months revenue was the Assessment & Qualifications segment contributing a total revenue of UK£1.59b (45% of total revenue). The largest operating expense was General & Administrative costs, amounting to UK£1.25b (90% of total expenses). Explore how PSON's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Consumer Services industry in the United Kingdom.

Performance of the British Consumer Services industry.

The company's shares are down 1.4% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Pearson's balance sheet health.