John Wiley & Sons (NYSE:WLY) Announces Earnings Results

John Wiley & Sons (NYSE:WLY) released its earnings results on Thursday. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.08), Briefing.com reports. The business had revenue of $403.81 million for the quarter, compared to analysts’ expectations of $387.40 million. John Wiley & Sons had a negative net margin of 10.69% and a positive return on equity of 18.82%. John Wiley & Sons’s revenue for the quarter was down 10.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.27 earnings per share. John Wiley & Sons updated its FY25 guidance to $3.25-3.60 EPS and its FY 2025 guidance to 3.250-3.600 EPS.

John Wiley & Sons Price Performance

WLY opened at $43.21 on Friday. The firm has a market cap of $2.35 billion, a PE ratio of -11.87 and a beta of 0.86. The stock has a 50-day moving average price of $45.81 and a 200-day moving average price of $40.24. John Wiley & Sons has a 1 year low of $28.83 and a 1 year high of $49.20. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.52 and a quick ratio of 0.49.

John Wiley & Sons Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 25th. Stockholders of record on Tuesday, July 9th were paid a $0.3525 dividend. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date of this dividend was Tuesday, July 9th. John Wiley & Sons’s dividend payout ratio is currently -38.74%.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.