10:41 AM EDT, 06/17/2025 (MT Newswires) -- John Wiley & Sons ( WLY ) shares jumped intraday Tuesday as the company maintained its fiscal 2026 revenue outlook after posting mixed fourth-quarter results.
The publishing company said it continues to expect adjusted revenue growth in the low- to mid-single digit range from fiscal 2025's $1.66 billion, which was up 3% at constant currencies.
Revenue growth will likely be driven by factors including publishing demand and journal renewal growth, as well as steady market trends in academic, Wiley said.
The company sees full-year adjusted per-share earnings of $3.90 to $4.35 after reporting a 31% surge in fiscal 2025 EPS of $3.64.
Wiley's shares were up 11% in Tuesday trade.
"We delivered another strong year of execution as we met or exceeded our financial commitments, drove profitable growth in our core, expanded margins and free cash flow, and extended further into the corporate market through (artificial intelligence) licensing and partnership, science analytics, and knowledge services," Chief Executive Matthew Kissner said in a statement.
Adjusted EPS in the quarter ended April 30 rose to $1.37 from $1.21 a year earlier. Net revenue fell to $442.6 million from $468.5 million due to foregone revenue associated with divestitures.
Excluding divestitures, adjusted revenue was largely flat at constant currencies, the company said.
Research revenue for the quarter was $280.7 million, up 4% on a reported basis, while the learning division fell 5% to $161.9 million.
Price: 40.51, Change: +3.48, Percent Change: +9.40