Wiley's Q3 Earnings: Beating Expectations?

John Wiley and Sons set to report third quarter earnings, with analysts predicting a 2.4% drop in revenue year-over-year, totaling around $416.4 million. Despite a history of exceeding expectations, Wiley faces a challenge to improve upon last years 13.4% decrease. Competitors like Sinclair and IMAX have shown contrasting results, with Sinclairs revenues falling by 15.7% but still beating estimates, while IMAXs revenues surged by 16.6%. Wileys share price has dipped by 1.7% over the last month, presenting an opportunity for growth as analysts price targets remain higher than the current share price.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.