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 for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.08), Briefing.com reports. John Wiley & Sons had a positive return on equity of 18.82% and a negative net margin of 10.69%. The firm had revenue of $403.81 million for the quarter, compared to analyst estimates of $387.40 million. During the same period last year, the business earned $0.27 earnings per share. The firm’s quarterly revenue was down 10.5% compared to the same quarter last year. 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

Shares of John Wiley & Sons stock traded down $1.45 during mid-day trading on Friday, reaching $43.21. 721,012 shares of the stock were exchanged, compared to its average volume of 342,119. The company has a market cap of $2.35 billion, a price-to-earnings ratio of -11.87 and a beta of 0.86. John Wiley & Sons has a fifty-two week low of $28.83 and a fifty-two week high of $49.20. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.04. The firm has a 50-day simple moving average of $45.81 and a 200 day simple moving average of $40.24.

John Wiley & Sons Increases Dividend

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

About John Wiley & Sons

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.