Brief: Scholastic Q3 Loss Per Share $1.41 From Continuing Operations

Scholastic

21/03/2018 21:59

March 21 (Reuters) - Scholastic Corp  SCHL.O :
    * SCHOLASTIC REPORTS FISCAL 2018 THIRD QUARTER RESULTS;
RAISES EPS
OUTLOOK
    * Q3 GAAP LOSS PER SHARE $1.41 FROM CONTINUING OPERATIONS
    * SEES FY 2018 REVENUE $1.65 BILLION TO $1.7 BILLION
    * Q3 REVENUE ROSE 3 PERCENT TO $344.7 MILLION
    * SEES FY 2018 EARNINGS PER SHARE $1.35 TO $1.45 FROM
CONTINUING
OPERATIONS EXCLUDING ITEMS
    * Q3 NON-GAAP LOSS PER SHARE $0.30 EXCLUDING ITEMS
    * SCHOLASTIC - Q3 RESULTS INCLUDE NON-CASH PRE-TAX CHARGE OF
$0.76/SHARE, RELATED TO TERMINATION OF DOMESTIC DEFINED BENEFIT
RETIREMENT PLAN

Source text for Eikon:  ID:nPn4TBRmra 
Further company coverage:  SCHL.O 

 ((Reuters.Briefs@thomsonreuters.com))