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

John Wiley & Sons

06/12/2023 14:31

* John Wiley & Sons Inc  WLY.N  reported quarterly adjusted
earnings of 73 cents​​ per share for the quarter ended in
October, lower than the same quarter last year, when the company
reported EPS of $1.20.  The lone analyst forecast for the
quarter was for earnings of 56 cents per share. 
    * Revenue fell 4.3% to $492.81 million from a year ago;
analysts
expected $378.40 million. 
    * John Wiley & Sons Inc's reported EPS for the quarter was a
loss
of 35 cents​.
    * The company reported a quarterly loss of $19 million.
    * John Wiley & Sons Inc shares had fallen by 18.2% this
quarter and lost 24.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 55.6%
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 $45.00 
This summary was machine generated from LSEG data December 6 at
02:30 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
 Oct. 31 2023      0.56           0.73           Beat
 Jul. 31 2023      -0.06          0.27           Beat
 Apr. 30 2023      0.99           1.45           Beat
 Jan. 31 2023      0.91           0.85           Missed