John Wiley & Sons shares are trading lower after the company reported Q4 financial results and issued FY24 guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
John Wiley & Sons reported Q4 financial results and issued FY24 guidance below estimates, causing its shares to trade lower.
June 15, 2023 | 4:04 pm
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John Wiley & Sons shares are trading lower due to disappointing Q4 financial results and below-estimate FY24 guidance.
John Wiley & Sons reported lower-than-expected Q4 financial results and issued FY24 guidance below estimates. This negative news is likely to cause a short-term decline in the company's stock price, as investors may be concerned about the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100