John Wiley & Sons (NYSE:WLYB) Announces Earnings Results

John Wiley & Sons (NYSE:WLYB) announced its quarterly earnings results on Tuesday. The company reported $999.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $997.35, Zacks reports. John Wiley & Sons had a return on equity of 28.38% and a net margin of 9.24%.

John Wiley & Sons Trading Up 2.2%

Shares of NYSE:WLYB opened at $44.10 on Tuesday. John Wiley & Sons has a 12-month low of $29.16 and a 12-month high of $45.41. The company has a market capitalization of $2.26 billion, a PE ratio of 15.37 and a beta of 0.58. The business has a 50 day moving average of $41.24 and a two-hundred day moving average of $36.03. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 1.06.

John Wiley & Sons Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Tuesday, April 7th were issued a $0.355 dividend. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $1.42 dividend on an annualized basis and a yield of 3.2%. John Wiley & Sons’s payout ratio is presently 49.48%.

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.