John Wiley & Sons Inc reports results for the quarter ended in January - Earnings Summary

John Wiley & Sons

07/03/2024 15:16

* John Wiley & Sons Inc  WLY.N  reported quarterly adjusted
earnings of 59 cents​​ per share for the quarter ended in
January, lower than the same quarter last year, when the company
reported EPS of 85 cents.  The lone analyst forecast for the
quarter was for earnings of 45 cents per share. 
    * Revenue fell 6.2% to $460.71 million from a year ago;
analysts
expected $408.10 million. 
    * John Wiley & Sons Inc's reported EPS for the quarter was a
loss
of $2.08​.
    * The company reported a quarterly loss of $113.88 million.
    * John Wiley & Sons Inc shares had risen by 4.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the professional
information services peer group is also "buy"

Wall Street's median 12-month price target for John Wiley & Sons
Inc is $48.00 
This summary was machine generated from LSEG data March 7 at
03:15 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2024      0.45           0.59           Beat
 Oct. 31 2023      0.56           0.73           Beat
 Jul. 31 2023      -0.06          0.27           Beat
 Apr. 30 2023      0.99           1.45           Beat