NYSE$WLY

John Wiley & Sons Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Wiley's Q1 2022 results reflected strong revenue and profit gains driven by growth strategies in open research, online education, and talent development.

Wiley reported a strong first quarter with revenue of $488 million, a 13% increase compared to the previous year. Operating income increased by 36% to $41 million. Adjusted EPS was $0.54, up 17% at constant currency.

  • Revenue of $488 million (+13%) and Operating Income of $41 million (+36%).
  • Adjusted revenue of $488 million (+9%), Adjusted EBITDA of $95 million (+12%), and Adjusted EPS of $0.54 (+17%) at constant currency.
  • Research Publishing & Platforms rose 14% as reported, 10% at constant currency, and 5% excluding acquisitions.
  • Academic & Professional Learning grew 10% as reported and 7% at constant currency, driven by strong growth in digital courseware and professional publishing.

Headline financials

Total Revenue

$488M

Previous: $431M+13.2%
EPS (adj)

$0.54

Previous: $0.42+28.6%
Adjusted EBITDA Margin

19.5%

Previous: 19.0%+2.6%
Capital Expenditures

-$17.9M

Previous: -$19M+5.6%
Free Cash Flow

-$103M

Previous: -$140M+26.5%
Net Income

$13.8M

Previous: $16.3M-15.3%
Operating Income

$41M

Previous: $30M+36.4%
Gross Profit

$322M

Previous: $287M+12.5%
Cash & Equivalents

$83M

Previous: $101M-18.2%
Total Assets

$3.36B

Previous: $3.07B+9.6%
Stock-Based Comp

$6.34M

Previous: $4.31M+47.0%

Revenue & EPS history

Wiley · Revenue · Quarterly

$488M

Q1 2022+13.2%vs Q1 2021
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Wiley · $414M total across 2 segments · Q1 2022

  • Research
    $275M
  • Learning
    $139M

Forward guidance

The Company is reaffirming its full year outlook and adding the newly defined Adjusted EPS metric. Wiley will discontinue reporting on the former Adjusted EPS metric.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-1.0%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+0.7%

Avg return

30 days after

44%

18 / 41 earnings

Positive

+15.1%

Q3 2025

Best reaction

-17.4%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+4.1%+7.8%
Q3 2026+13.9%+20.2%+28.2%
Q2 2026-9.4%-18.6%-22.1%
Q1 2026-4.1%+5.2%+0.5%
Q4 2025+0.0%+12.7%+12.4%
Q3 2025+15.1%+23.3%+10.8%
Q2 2025-7.5%-7.1%-13.2%
Q1 2025-9.3%-9.8%+5.6%
Q4 2024+11.4%+9.3%+26.5%
Q3 2024+11.5%+12.8%+15.9%
Q2 2024-0.3%+1.2%+2.3%
Q1 2024+1.5%+2.3%-2.1%
Q4 2023-11.4%-10.8%-5.7%
Q3 2023-17.4%-18.6%-12.8%
Q2 2023-5.2%-7.8%-6.4%
Q1 2023-9.8%+0.8%-19.4%
Q4 2022+0.4%+7.2%+10.5%
Q3 2022-0.7%+3.6%+4.6%
Q2 2022+0.1%+0.3%+1.8%
Q1 2022-1.1%+2.0%-9.1%
Q4 2021-4.9%-12.0%-8.3%
Q3 2021-0.5%+7.5%+8.4%
Q2 2021+13.8%+18.8%+31.4%
Q1 2021+5.1%+3.6%+4.1%
Q4 2020-11.5%-0.3%-12.7%
Q3 2020+5.4%+2.1%-2.2%
Q2 2020+1.8%+2.3%+1.7%
Q1 2020-4.6%-1.3%-3.6%
Q4 2019+5.1%+5.8%+4.0%
Q3 2019-16.4%-13.6%-13.5%
Q2 2019+0.0%-6.0%-10.3%
Q1 2019-11.0%-11.8%-5.1%
Q4 2018+2.8%-1.5%-4.4%
Q3 2018+0.7%+0.0%-0.8%
Q2 2018+2.7%+7.2%+13.1%
Q1 2018-2.7%-2.1%-1.2%
Q4 2017+4.6%+2.3%+1.3%
Q3 2017-1.1%+1.1%+0.6%
Q2 2017+2.7%+3.2%+0.9%
Q1 2017-6.8%-14.4%-12.2%
Q4 2016-6.4%-3.5%+6.8%
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q2 2012
Q3 2012
Q4 2011
Q1 2012
Q4 2009
Q3 2011
Q3 2010
Q2 2011
Q1 2010
Q2 2010
Q4 2010
Q1 2011

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro