John Wiley & Sons, Inc. (JW.A) Announces Quarterly Earnings Results
John Wiley & Sons, Inc. (NYSE:JW.A) announced its earnings results on Thursday. The company reported $0.59 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.62 by $0.03, Briefing.com reports. The firm had revenue of $411.40 million during the quarter, compared to analyst estimates of $406.41 million. John Wiley & Sons had a net margin of 6.61% and a return on equity of 17.39%. John Wiley & Sons’s revenue was up 1.8% on a year-over-year basis. During the same quarter last year, the business earned $0.52 earnings per share.
JW.A has been the subject of several recent analyst reports. TheStreet upgraded shares of John Wiley & Sons from a “c+” rating to a “b-” rating in a research note on Tuesday, July 25th. Stifel Nicolaus restated a “hold” rating and issued a $53.00 target price (down from $54.00) on shares of John Wiley & Sons in a research note on Tuesday, August 22nd. Finally, Zacks Investment Research upgraded shares of John Wiley & Sons from a “sell” rating to a “hold” rating in a research note on Friday, August 11th.
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About John Wiley & Sons
John Wiley & Sons, Inc provides knowledge and knowledge-enabled services in the areas of research, professional practice and education. The Company operates through three segments: Research, Professional Development and Education. Through the Research segment, the Company provides digital and print scientific, technical, medical and scholarly journals, reference works, books, database services and advertising.
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