Why John Wiley & Sons Stock Triumphed on Tuesday
To crib a quote from a great author, the demise of physical media is greatly exaggerated. That was the feeling many investors had with book publisher John Wiley & Sons' (NYSE: WLY) stock on Tuesday. The company reported earnings that trounced analyst estimates and was rewarded with a 10% share-price boost on the day. That was far more impressive than the S&P 500 index's 0.8% decline.
For its fiscal fourth quarter of 2025, Wiley earned $443 million in revenue. That was down from the $468 million in the same period of fiscal 2024. However, the decline was mainly due to divestments.
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Source Fool.com
