Back to top

Image: Bigstock

John Wiley & Sons Inc.

Read MoreHide Full Article

John Wiley & Sons covers a broad spectrum of services including education, professional development and research. It also offers several online services/products making it one of the names to reckon with in the publishing arena. However, with advancing technology, the print media is on a decline. Revenues from the print textbooks segment plunged 23% in the final quarter of fiscal 2016. To combat this trend, John Wiley & Sons is metamorphosing to a more digital services oriented company. All these efforts will take time to reap results. Meanwhile, the company is grappling with dwindling top and bottom lines. The company’s revenue has lagged the Zacks Consensus Estimate in five out of the six quarters, while earnings per share have missed the same in two out of the four quarters.

Published in