John Wiley & Sons: Fiscal 4Q Earnings Snapshot
Posted Jun 11, 2020 6:27 am.
Last Updated Jun 11, 2020 6:30 am.
This article is more than 5 years old.
HOBOKEN, N.J. (AP) _ John Wiley & Sons Inc. (JW.A) on Thursday reported a fiscal fourth-quarter loss of $158 million, after reporting a profit in the same period a year earlier.
The Hoboken, New Jersey-based company said it had a loss of $2.83 per share. Earnings, adjusted for one-time gains and costs, were 66 cents per share.
The publisher posted revenue of $474.6 million in the period.
For the year, the company reported a loss of $74.3 million, or $1.32 per share, swinging to a loss in the period. Revenue was reported as $1.83 billion.
John Wiley & Sons shares have declined 17% since the beginning of the year. The stock has dropped 6% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JW.A at https://www.zacks.com/ap/JW.A
The Associated Press
