Stock Track | John Wiley & Sons Soars 5.09% in Pre-Market on Strong Q3 Earnings Beat and Upbeat Guidance

Stock Track03-05 21:12

John Wiley & Sons' stock surged 5.09% in pre-market trading following the release of its third-quarter fiscal 2026 financial results, which significantly exceeded analyst expectations.

The company reported adjusted earnings per share of $0.97, a 19% increase year-over-year and beating the consensus estimate of $0.86. Quarterly revenue reached $410 million, also surpassing the $391 million forecast. Management highlighted strong AI momentum, material margin expansion, and cash flow growth during the quarter.

Furthermore, Wiley provided an optimistic outlook, guiding toward the high end of its fiscal 2026 adjusted EPS range of $3.90 to $4.35 and reaffirming its revenue and free cash flow projections. This combination of a robust earnings beat and positive forward guidance fueled significant investor optimism ahead of the market open.

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