Pearson Reports Q1 Non-GAAP EPS of 24.50p, Revenue of £1.72B, Reaffirms FY Outlook

Pearson reported 1H Non-GAAP EPS of 24.50p, a revenue of £1.72B (-1.7% Y/Y), and reaffirmed its FY outlook. The company's free cash performance increased by £129m to £156m, including a £114m State Aid tax recovery. The interim dividend was up 5%, and a £350m share buyback was underway, maintaining a balance.

In the latest quarter, Ingersoll-Rand (NYSE:IR) reported a Non-GAAP EPS of $0.80, which was in line with expectations, while revenue hit $1.89 billion, a 4.4% year-over-year increase that exceeded analyst projections by $40 million. The company also reported orders of $1.94 billion, up 8% year-over-year. These results were supported by a strong performance in the Industrial Technologies & Services segment, which grew organically by 2% year-over-year. Ingersoll-Rand also revised its adjusted EBITDA guidance to $2.10 billion to $2.16 billion for the year, representing a 4% to 7% year-over-year increase. Adjusted EPS guidance was also revised to $3.34 to $3.46, a 2% to 5% year-over-year increase [1].

In a separate development, Enel S.p.A. launched a share buyback program worth up to €1 billion to provide additional remuneration to shareholders. The program, which will run from August 1, 2025, to December 31, 2025, is aimed at buying back up to 495 million treasury shares, equivalent to approximately 4.87% of Enel's share capital. The program was approved by the Board of Directors and is in line with the resolution of the Shareholders' Meeting held on May 22, 2025. Enel Américas S.A., a subsidiary of Enel, also announced a share buyback program, which concerns up to 4% of its share capital and has a duration of 90 days from the date of the Extraordinary Shareholders' Meeting scheduled for August 28, 2025 [2].

These announcements highlight the strong financial performance and commitment to shareholder value of both Ingersoll-Rand and Enel. Investors should closely monitor these companies' future earnings reports and the progress of their share buyback programs.

References:
[1] https://seekingalpha.com/news/4476012-ingersoll-rand-non-gaap-eps-of-0_80-in-line-revenue-of-1_89b-beats-by-40m
[2] https://www.marketscreener.com/news/enel-s-p-a-launches-a-share-buyback-program-of-up-to-1-billion-euros-to-pay-additional-remuneratio-ce7c5fddde8df021