Wiley Expects FY24 Adjusted EPS Of $2.05-$2.40 Versus Consensus Of $2.25
Portfolio Pulse from Benzinga Newsdesk
Wiley, a global leader in research and education, has provided its adjusted EPS forecast for FY24, expecting it to be in the range of $2.05-$2.40. This projection is in line with the consensus estimate of $2.25.
December 06, 2023 | 1:08 pm
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NEUTRAL IMPACT
Wiley's FY24 adjusted EPS guidance range of $2.05-$2.40 is consistent with analysts' expectations, which may stabilize investor confidence in the stock.
Since Wiley's EPS forecast aligns with the consensus, the immediate market reaction may be neutral, indicating that the guidance was anticipated by the market. This typically does not lead to significant stock price movement unless the market expected a surprise in either direction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Wiley's FY24 adjusted EPS guidance range of $2.05-$2.40 is consistent with analysts' expectations, which may stabilize investor confidence in the stock.
Since Wiley's EPS forecast aligns with the consensus, the immediate market reaction may be neutral, indicating that the guidance was anticipated by the market. This typically does not lead to significant stock price movement unless the market expected a surprise in either direction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100