Publisher John Wiley preliminary Q1 revenue falls as Learning segment remains soft

John Wiley & Sons

03/09/2026 12:45

Overview
US research publisher's preliminary Q1 revenue fell 3% yr/yr, with growth in Research offset by Learning softness
Preliminary Q1 adjusted EPS declined 10% yr/yr, impacted by higher net interest expense
Company completed Emerald Publishing acquisition and reaffirmed full-year outlook

Outlook
Wiley reaffirms fiscal 2027 outlook with organic revenue growth in low-to-mid single digits
Company expects fiscal 2027 adjusted EPS of $4.60 to $5.05
Wiley sees fiscal 2027 free cash flow at $205 mln

Result Drivers
RESEARCH GROWTH - Co said strong demand for publishing and Emerald acquisition drove 4% growth in Research revenue
LEARNING SOFTNESS - Co attributed 19% decline in Learning revenue to prior-year AI licensing comparison and weaker consumer and corporate spending
COST SAVINGS - Co said technology transformation and restructuring drove 19% improvement in corporate expenses

Company press release: ID:nBw8v33CNa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$386.36 mln
$380.20 mln (1 Analyst)
Q1 Adjusted EPS
Beat
$0.44
$0.40 (1 Analyst)
Q1 Loss Per Share
 
$0.23
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the consumer publishing peer group is "buy"
Wall Street's median 12-month price target for John Wiley & Sons, Inc. is $68.00, about 33.2% above its September 2 closing price of $51.05
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Reuters Recommended Reads
Sept 3 - Campbell's Q4 sales miss; forecasts lower FY27 sales versus prior year
Sept 2 - Ollie’s Bargain Outlet Q2 net sales miss estimates

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)