John Wiley & Sons (NYSE:WLYB) Announces Earnings Results, Beats Expectations By $0.10 EPS

John Wiley & Sons (NYSE:WLYB) released its earnings results on Tuesday. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.10, Zacks reports. The company had revenue of $442.58 million during the quarter, compared to analysts’ expectations of $435.00 million. John Wiley & Sons had a net margin of 2.43% and a return on equity of 26.43%.

John Wiley & Sons Stock Performance

Shares of NYSE WLYB opened at $40.90 on Wednesday. The company has a current ratio of 0.55, a quick ratio of 0.52 and a debt-to-equity ratio of 1.28. John Wiley & Sons has a 12 month low of $37.27 and a 12 month high of $52.90. The company has a 50 day simple moving average of $42.02 and a two-hundred day simple moving average of $42.78. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of 55.26 and a beta of 0.68.

John Wiley & Sons Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were paid a dividend of $0.3525 per share. This represents a $1.41 annualized dividend and a yield of 3.45%. The ex-dividend date was Tuesday, April 8th. John Wiley & Sons’s payout ratio is 190.54%.

About John Wiley & Sons

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.