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Three things you need to know in the financial markets this morning from investment writer, Tony Cross

Just Eat

First quarter results from Just Eat have been released this morning, with a 21% increase in orders and a 28% increase in revenues being recorded. The fact that average spend is increasing is worthy of note and the company adds that Q1 performance has been impacted by tough comparatives plus the timing of Easter. Order numbers from operations outside the UK fared even better, increasing by 40%.

WPP

Advertising giant WPP has published a first quarter update today, too. The company lost a number of clients last year, most notably in the US where revenues fell 8.5%. Growth was however more meaningful in emerging markets, leading to overall revenues rising 0.9% although headwinds are likely to persist through the remainder of the year ahead.

Pearson

Educational publisher Pearson has posted Q1 results this morning. The company sees a strong start to the year and future guidance remains unchanged, with new product developments and the continued transition to digital platforms also playing an important role in the outlook. Further detail is scant, but there seems to be little here to cause concern amongst investors.

Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Tony Cross

Tony Cross

Tony Cross is a market commentator with over 15 years of experience, producing compelling, insightful copy for journalists and investors alike. Focusing on macroeconomics, UK blue chip equities and inter market analysis, Cross's commentary is well regarded for its clarity and ability to cut through the waffle. He has been quoted in publications as diverse as The Financial Times, The Times, The Guardian and The Sun. He has also been a regular guest on both Share Radio and TipTV.

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