John Wiley & Sons Inc. (JW.A) Issues FY15 Earnings Guidance
John Wiley & Sons Inc. (NASDAQ:JW.A) issued an update on its FY15 earnings guidance on Tuesday morning. The company provided EPS guidance of $3.25-3.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.38, American Banking News reports.
John Wiley & Sons (NASDAQ:JW.A) last issued its quarterly earnings data on Tuesday, June 17th. The company reported $0.77 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.68 by $0.09. The company had revenue of $457.00 million for the quarter, compared to the consensus estimate of $441.00 million. The company’s quarterly revenue was up 2.5% on a year-over-year basis.
On a related note, analysts at Stifel Nicolaus downgraded shares of John Wiley & Sons from a buy rating to a hold rating in a research note on Wednesday, April 9th. They noted that the move was a valuation call.
John Wiley & Sons, Inc is a global publisher of print and electronic products, providing content and digital solutions to customers worldwide.
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