earnings
confidence high
sentiment neutral
materiality 0.65
Wiley Q3 2024: GAAP revenue $461M (-6%), adjusted EPS $0.59 (-27%), raises full-year outlook
JOHN WILEY & SONS, INC.
2024-Q3 EPS reported
-$4.10
revenue$1,404,526,000
- GAAP operating loss of $46M and EPS loss of $2.08, hurt by $82M goodwill impairment and $26M divestiture loss.
- Adjusted revenue (ex-divestitures) $403M (+1% constant currency); Adjusted EBITDA $92M (+1%).
- Learning segment revenue $146M (+2%), Adjusted EBITDA $51M (+16%); Research revenue flat at constant currency.
- FY2024 guidance raised: Adj. EBITDA now $335-355M (was $305-330M), Adj. EPS $2.45-2.65 (was $2.05-2.40).
- Year-to-date free cash flow use of $45M; expects ~$100M for full year.