John Wiley & Sons: Fiscal 4Q Earnings Snapshot
HOBOKEN, N.J. (AP) _ John Wiley & Sons Inc. (JW.A) on Tuesday reported fiscal fourth-quarter net income of $63.2 million.
The Hoboken, New Jersey-based company said it had net income of $1.10 per share. Earnings, adjusted for pretax gains, were $1.05 per share.
The publisher posted revenue of $491.2 million in the period.
For the year, the company reported profit of $168.3 million, or $2.91 per share. Revenue was nearly unchanged at $1.8 billion.
John Wiley & Sons expects full-year earnings in the range of $2.45 to $2.55 per share, with revenue in the range of $1.84 billion to $1.87 billion.
John Wiley & Sons shares have declined 8% since the beginning of the year. The stock has declined 37% in the last 12 months.