(Corrects Key Details table to say company reported adjusted
EBITDA of $70.4 mln, not $80 mln, which missed, not beat,
analysts' estimates)
Overview
* John Wiley Q1 revenue falls to $397 mln, but beats analyst
expectations, per LSEG data
* Adjusted EPS for Q1 rises 2%
* Co's research revenue grows 5% at constant currency driven
by AI
licensing and open access growth
Outlook
* Wiley reaffirms fiscal 2026 outlook with low to mid-single
digit
adjusted revenue growth
* Company expects fiscal 2026 adjusted EBITDA margin of
25.5% to
26.5%
* Wiley anticipates fiscal 2026 adjusted EPS between $3.90
and
$4.35
* Company projects fiscal 2026 free cash flow of
approximately
$200 mln
Result Drivers
* AI LICENSING - Growth in research revenue driven by AI
licensing
projects, contributing $16 mln compared to $1 mln in prior year
* OPEN ACCESS - Open access growth helped offset timing
issues
with journal renewals, supporting research revenue increase
* LEARNING SEGMENT DECLINE - Learning revenue fell due to
reduced
AI licensing revenue and market softness in Professional sector
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q1 Beat $396.8 $375 mln
Revenue mln (1
Analyst)
Q1 $0.49 $0.5 (1
Adjusted Analyst)
EPS
Q1 EPS $0.22
Q1 Miss $70.4 $73.20
Adjusted mln mln (1
EBITDA Analyst)
Analyst Coverage
* The one available analyst rating on the shares is "buy"
* The average consensus recommendation for the professional
information services peer group is "buy"
* Wall Street's median 12-month price target for John Wiley
& Sons
Inc ( WLY ) is $60.00, about 33.7% above its September 3 closing price
of $39.77
* The stock recently traded at 10 times the next 12-month
earnings
vs. a P/E of 10 three months ago
Press Release:
(This story was created using Reuters automation and AI based
on LSEG and company data. It was checked and edited by a Reuters
journalist prior to publication.)