John Wiley & Sons, Inc. (NYSE:JW-A) Reaffirms 2020 Profit Guidance

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John Wiley & Sons, Inc. (NYSE:JW-A) reported income for the second quarter of $ 44.69 million or $ 0.79 per share, from the revenue of $ 466.20 million, On adjusted basis, JW-A reported adjusted earnings for the quarter of $ 0.85 per share. According to street consensus, JW-A was expected to report 2Q20 income of $ 0.64 per share from revenue of $ 470.28 million.

The full year 2020 top line outlook are to be in a range of $ 1855.00 million to $ 1855.00 million, where as bottom line are predicted between $ 2.35 and $ 2.45 per share

Wall street analysts expected 2020 income of $ 2.36 per share on revenue of $ 1862.87 million.

Analysts estimates are from Thomson Reuters, exclude one time gain or loss.

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