Shares of John Wiley & Sons, Inc. (NYSE: WLY) are moving lower 3.18 percent ahead of the open after announcing Q4 earnings results.
The company reported fourth quarter adjusted earnings of $1.67 per share, surpassing analyst estimates by $0.02 or 1.2 percent.
However, the quarterly sales of $447.94 million fell short of expectations by $2.06 million or 0.5 percent.
Year-over-year, John Wiley & Sons experienced a 21.9 percent increase in earnings per share and a 1.2 percent rise in revenue. For the fiscal year 2027, the company projects profit guidance between $4.60 and $5.05 per share, compared to analyst estimates of $4.75 per share.
Shares of John Wiley & Sons traded around $41.95 in pre-market trading, versus the previous close of $43.33.
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