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John Wiley & Sons: Fiscal 4Q Earnings Snapshot

June 11, 2019

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.

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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

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