John Wiley & Sons (WLYB) to Announce Earnings on Thursday

Key Points

• John Wiley & Sons is expected to report earnings before the market opens Thursday, September 3. Analysts forecast quarterly earnings of $0.40 per share on revenue of $380.20 million.
• In its previous quarter, Wiley reported $1.67 per share, beating estimates by $0.02, while revenue of $447.94 million fell slightly short of expectations.
• The stock recently opened at $53.80, near its 52-week high, and the company raised its quarterly dividend to $0.3575, equivalent to a 2.7% yield. Analysts currently maintain an average “Hold” rating.

John Wiley & Sons (NYSE:WLYB - Get Free Report) is expected to be posting its results before the market opens on Thursday, September 3rd. Analysts expect the company to post earnings of $0.40 per share and revenue of $380.20 million for the quarter.

John Wiley & Sons (NYSE:WLYB - Get Free Report) last issued its quarterly earnings data on Tuesday, June 16th. The company reported $1.67 earnings per share for the quarter, beating analysts' consensus estimates of $1.65 by $0.02. John Wiley & Sons had a return on equity of 29.01% and a net margin of 13.22%.The firm had revenue of $447.94 million during the quarter, compared to analyst estimates of $450.00 million.

John Wiley & Sons Stock Performance

Shares of WLYB opened at $53.80 on Thursday. The business's 50 day moving average is $50.72 and its two-hundred day moving average is $42.60. John Wiley & Sons has a 52-week low of $29.16 and a 52-week high of $55.51. The firm has a market cap of $2.73 billion, a price-to-earnings ratio of 12.72 and a beta of 0.54. The company has a quick ratio of 0.51, a current ratio of 0.54 and a debt-to-equity ratio of 0.79.

John Wiley & Sons Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 23rd. Investors of record on Tuesday, July 7th were paid a $0.3575 dividend. This represents a $1.43 dividend on an annualized basis and a dividend yield of 2.7%. This is a boost from John Wiley & Sons's previous quarterly dividend of $0.35. The ex-dividend date was Tuesday, July 7th. John Wiley & Sons's payout ratio is presently 33.81%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of John Wiley & Sons in a report on Friday, July 17th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, John Wiley & Sons presently has an average rating of "Hold".

About John Wiley & Sons

John Wiley & Sons, Inc is a global publishing and knowledge services company headquartered in Hoboken, New Jersey. Founded in 1807, Wiley has established itself as a leading provider of scholarly, educational and professional content across scientific, technical, medical and academic disciplines. The company leverages both print and digital platforms to deliver peer-reviewed journals, books, reference works and online resources to researchers, educators, students and professionals around the world.

Wiley's operations are organized into key segments, including Research Publishing, which publishes over 1,600 peer-reviewed journals and a broad suite of digital books; Academic and Professional Learning, which offers course materials, interactive digital platforms and certification programs; and Education Solutions, providing custom learning environments, online degree programs and professional development services.

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