John Wiley & Sons (NYSE:WLYB) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

John Wiley & Sons (NYSE:WLYB) posted its earnings results on Tuesday. The company reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.02, Zacks reports. The business had revenue of $447.94 million for the quarter, compared to analyst estimates of $450.00 million. John Wiley & Sons had a net margin of 13.22% and a return on equity of 29.01%.

John Wiley & Sons Trading Up 4.9%

Shares of John Wiley & Sons stock opened at $45.32 on Thursday. The firm has a market capitalization of $2.33 billion, a PE ratio of 10.71 and a beta of 0.58. John Wiley & Sons has a twelve month low of $29.16 and a twelve month high of $45.41. The firm’s 50-day moving average price is $41.48 and its 200 day moving average price is $36.15. The company has a current ratio of 0.54, a quick ratio of 0.57 and a debt-to-equity ratio of 0.79.

John Wiley & Sons Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, April 7th were paid a $0.355 dividend. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $1.42 dividend on an annualized basis and a yield of 3.1%. John Wiley & Sons’s dividend payout ratio (DPR) is currently 33.57%.

John Wiley & Sons Company Profile

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.