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Update: John Wiley & Sons Shares Rise After Fiscal Q1 Beat

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(Updates with the company's stock move in the headline and the first paragraph.)

John Wiley & Sons' (WLY) shares were up 3.6% in Thursday trading after the company reported fiscal Q1 results above analyst estimates.

The company reported fiscal Q1 adjusted earnings of $0.44 per diluted share, down from $0.49 a year earlier.

A single analyst polled by FactSet expected $0.40.

Revenue for the quarter ended July 31 was $386.4 million, down from $396.8 million a year earlier.

An analyst expected $380.2 million.

The company reaffirmed its fiscal 2027 adjusted EPS guidance of $4.60 to $5.05. An analyst is expecting $4.80.

Price: $52.87, Change: $+1.82, Percent Change: +3.56%

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