EARNINGS PREVIEW: Reed Elsevier Revenue Seen +13%
17 Février 2009 - 5:06PM
Dow Jones News
Reed Elsevier (RUK,ENL): FY Earnings
Due: February 19 at 0700 GMT
Facset Survey of 19 Analysts
Average Revenue: GBP5.2B, up 13% (GBP4.584B in FY 2007)
Average Earnings Per Share: 42p, up 17% (35.85p in FY 2007)
Average Profit Before Tax: GBP1.13B, up 13% (GBP0.998B in FY 2007)
Note: Results seen higher, driven by strong performance from
Legal, Science and business to business units. The weakness in Reed
Business Information is likely to be offset by the strong growth in
exhibitions. Focus on outlook, and whether it will provide much
guidance given that a new CEO steps in March. Also keen interest on
performance of Choicepoint acquisition. (EHM)
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