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SCHL — Scholastic News Story

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Publisher Scholastic Q1 revenue misses estimates

Overview

Scholastic fiscal Q1 revenue falls 5%, missing analyst expectations, per LSEG data

Adjusted EPS misses estimates, while adjusted EBITDA beats expectations, per LSEG data

Co affirms fiscal 2026 guidance

Outlook

Scholastic affirms fiscal 2026 guidance, citing strategic initiatives and growth potential

Company sees strong fall book fair bookings, exceeding prior year

Scholastic faces challenges in Education Solutions due to volatile funding

Company exploring sale-leaseback transactions to enhance liquidity

Result Drivers

CHILDREN'S BOOKS - Revenue in the Children's Book Publishing and Distribution segment rose 4%, driven by increased book fair engagement

EDUCATION SOLUTIONS - Revenue fell 28% due to funding uncertainties impacting school purchases

ENTERTAINMENT - Revenue decreased 18% due to production delays

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 RevenueMiss$225.60 mln$238.90 mln (2 Analysts)
Q1 Adjusted EPSMiss-$2.52-$2.44 (2 Analysts)
Q1 EPS-$2.83
Q1 Adjusted EBITDABeat-$55.70 mln-$62.80 mln (2 Analysts)
Q1 Adjusted Operating IncomeBeat-$81.90 mln-$83 mln (2 Analysts)
Q1 Operating Income-$92.20 mln
Q1 Pretax Profit-$97 mln
Analyst Coverage The one available analyst rating on the shares is "buy" The average consensus recommendation for the consumer publishing peer group is "hold." Wall Street's median 12-month price target for Scholastic Corp is $36.00, about 24.4% above its September 17 closing price of $27.21 Press Release: ID:nPn4F2NQBa (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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