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

John Wiley & Sons (NYSE:WLYB) is projected to announce its results before the market opens on Thursday, March 5th. Analysts expect the company to announce earnings of $0.86 per share and revenue of $391.00 million for the quarter.

John Wiley & Sons (NYSE:WLYB) last announced its quarterly earnings data on Thursday, December 4th. The company reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.32. John Wiley & Sons had a return on equity of 28.23% and a net margin of 6.11%.The company had revenue of $421.75 million during the quarter, compared to the consensus estimate of $416.40 million.

John Wiley & Sons Price Performance

Shares of NYSE:WLYB opened at $31.32 on Tuesday. The company has a market capitalization of $1.65 billion, a P/E ratio of 16.66 and a beta of 0.75. John Wiley & Sons has a 1-year low of $29.16 and a 1-year high of $46.81. The firm’s 50 day simple moving average is $31.57 and its two-hundred day simple moving average is $35.42. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.71 and a quick ratio of 0.67.

John Wiley & Sons Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th were paid a $0.355 dividend. This represents a $1.42 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Tuesday, December 30th. John Wiley & Sons’s dividend payout ratio is presently 75.53%.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of John Wiley & Sons in a research note on Monday, December 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, John Wiley & Sons currently 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.