John Wiley & Sons Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
John Wiley & Sons (NYSE:WLY) Third Quarter 2024 Results
Key Financial Results
Revenue: US$460.7m (down 6.2% from 3Q 2023).
Net loss: US$113.9m (loss widened by 59% from 3Q 2023).
US$2.08 loss per share (further deteriorated from US$1.29 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
John Wiley & Sons Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Media industry in the US.
Performance of the American Media industry.
The company's shares are up 12% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for John Wiley & Sons that you should be aware of.
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