Why Wiley Stock Dropped 8% Today [Yahoo! Finance]
John Wiley & Sons, Inc. (WLY)
Company Research
Source: Yahoo! Finance
Analysts forecast the research and educational publisher would earn $0.55 per share (adjusted for one-time items) on $387.4 million in Q1. Wiley reported better-than-expected sales of $403.8 million, but earnings were worse than expected -- just $0.47. John Wiley Q1 earnings That's the good news. The bad news is that Wiley's $0.47 profit was a non-GAAP number. When calculated according to generally accepted accounting principles (GAAP), Wiley actually lost $0.03 per share for the quarter. (This was, however, an improvement over last year's $1.67-per-share Q1 loss. ) CEO Matthew Kissner pronounced himself "pleased" with this start to the 2025 fiscal year, calling Wiley's 3% growth in its research publications division "solid" and emphasizing Wiley's use of generative artificial intelligence to drive 14% sales growth in academic courseware. However, the "professional" side of the company's learning division was a drag on results, pulling the division down to a 1% decline in sales
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News
- Arthur Frommer, whose ‘Europe on 5 Dollars a Day' guidebooks revolutionized leisure travel, has died at 95 [Fortune]Fortune
- Arthur Frommer, famed travel guide innovator, has died at 95 [CBS News]CBS News
- Arthur Frommer, travel guide innovator, has died at 95 [Yahoo! Finance]Yahoo! Finance
- The one-year returns have been decent for John Wiley & Sons (NYSE:WLY) shareholders despite underlying losses increasing [Yahoo! Finance]Yahoo! Finance
- John Wiley & Sons: (Still) Less Compelling Than Treasuries [Seeking Alpha]Seeking Alpha
WLY
Sec Filings
- 11/20/24 - Form 8-K
- 11/8/24 - Form SC
- 11/8/24 - Form SC
- WLY's page on the SEC website