John Wiley & Sons Reaffirms FY2027 Adjusted EPS Guidance Amid AI Revenue Growth
John Wiley & Sons (NYSE: WLY) reaffirmed its full-year fiscal year 2027 adjusted earnings per share guidance of $4.60 to $5.05 during the Q1 earnings call, citing strong momentum in research and artificial intelligence as key drivers. CEO Matthew Kissner noted that Q1 performance aligned with expectations, highlighting growth from AI initiatives while acknowledging softer conditions in its learning segment. The company is targeting over $50 million in revenue specifically attributed to AI by FY2027, signaling a strategic shift toward high-growth areas within the publishing and education sectors. The reaffirmed guidance suggests stability amid evolving market dynamics and underscores Wiley's confidence in long-term growth from digital transformation efforts.
Tickers: $WLY
Topics: Company Performance Earnings Call Management Commentary