Academic publishing company John Wiley & Sons (NYSE: WLY) will be reporting earnings this Thursday before market hours. Here’s what you need to know.

Wiley beat analysts’ revenue expectations by 1.7% last quarter, reporting revenues of $442.6 million, down 5.5% year on year. It was an exceptional quarter for the company, with a beat of analysts’ EPS estimates.

Is Wiley a buy or sell going into earnings? Read our full analysis here, it’s free.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Wiley has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 11% on average.

Looking at Wiley’s peers in the traditional media & publishing segment, some have already reported their Q2 results, giving us a hint as to what we can expect. IMAX delivered year-on-year revenue growth of 3.1%, beating analysts’ expectations by 1%, and Sinclair reported a revenue decline of 5.4%, falling short of estimates by 2.2%. IMAX traded down 7.5% following the results while Sinclair was also down 12.7%.

Read our full analysis of IMAX’s results here and Sinclair’s results here.

There has been positive sentiment among investors in the traditional media & publishing segment, with share prices up 4.2% on average over the last month. Wiley is up 3.6% during the same time and is heading into earnings with an average analyst price target of $60 (compared to the current share price of $39.78).

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