John Wiley & Sons (NYSE:WLYB) Announces Earnings Results, Beats Expectations By $997.35 EPS

John Wiley & Sons (NYSE:WLYB) announced its 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 Stock Performance

Shares of NYSE WLYB opened at $44.10 on Tuesday. 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 has a 12 month low of $29.16 and a 12 month high of $45.41. The stock has a 50 day moving average of $41.24 and a 200-day moving average of $36.03. The company has a market capitalization of $2.26 billion, a P/E ratio of 15.37 and a beta of 0.58.

John Wiley & Sons Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Tuesday, April 7th were paid a dividend of $0.355 per share. This represents a $1.42 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Tuesday, April 7th. John Wiley & Sons’s payout ratio is currently 49.48%.

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.