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John Wiley & Sons Cuts FY20 Adj. EPS Outlook - Quick Facts

While reporting financial results for the first quarter of fiscal 2020 on Thursday, research and education company John Wiley & Sons, Inc. (JW-A,JW-B) lowered its adjusted earnings guidance for the full-year 2020, while raising annual revenue outlook.

For fiscal 2020, the company now projects adjusted earnings in a range of $2.35 to $2.45 per share on revenues between $1.855 billion and $1.885 billion.

Previously, the company expected adjusted earnings in the range of $2.45 to $2.55 per share on revenues between $1.84 billion and $1.87 billion.

The guidance reflects the addition of zyBooks. Note, Knewton was included in the original outlook.

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