John Wiley & Sons (WLYB) Expected to Post Earnings on Thursday

John Wiley & Sons (NYSE:WLYB) is projected to release its results before the market opens on Thursday, September 3rd. Analysts expect the company to post earnings of $0.40 per share and revenue of $380.20 million for the quarter.

John Wiley & Sons (NYSE:WLYB) last issued its quarterly earnings data on Tuesday, June 16th. The company reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.02. John Wiley & Sons had a net margin of 13.22% and a return on equity of 29.01%. The firm had revenue of $447.94 million for the quarter, compared to analyst estimates of $450.00 million.

John Wiley & Sons Stock Down 2.3%

Shares of NYSE WLYB opened at $52.94 on Wednesday. John Wiley & Sons has a 1 year low of $29.16 and a 1 year high of $55.51. The stock’s 50-day simple moving average is $51.40 and its 200-day simple moving average is $43.24. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.51 and a current ratio of 0.54. The firm has a market cap of $2.69 billion, a price-to-earnings ratio of 12.52 and a beta of 0.55.

John Wiley & Sons Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 23rd. Stockholders of record on Tuesday, July 7th were paid a dividend of $0.3575 per share. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. The ex-dividend date was Tuesday, July 7th. This represents a $1.43 annualized dividend and a dividend yield of 2.7%. John Wiley & Sons’s dividend payout ratio (DPR) is currently 33.81%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of John Wiley & Sons in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

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.