Investing.com - John Wiley&Sons reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
John Wiley&Sons announced earnings per share of $0.36 on revenue of $487.6M. Analysts polled by Investing.com anticipated EPS of $0.62 on revenue of $496.1M.
John Wiley&Sons shares are down 20.47% from the beginning of the year, still down 22.98% from its 52 week high of $59.87 set on September 7, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
John Wiley&Sons follows other major Communication Services sector earnings this month
John Wiley&Sons's report follows an earnings beat by Tencent ADR on August 17, who reported EPS of $0.4264 on revenue of $19.73B, compared to forecasts EPS of $0.3769 on revenue of $19.89B.
Walt Disney had beat expectations on August 10 with third quarter EPS of $1.09 on revenue of $21.5B, compared to forecast for EPS of $0.9733 on revenue of $20.99B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar