Scholastic Corp reports results for the quarter ended in August - Earnings Summary

Scholastic

21/09/2023 22:01

* Scholastic Corp  SCHL.OQ  reported a quarterly adjusted
loss of
$2.20​​ per share for the quarter ended in August. The lone
analyst forecast for the quarter was for a loss of $1.35 per
share.
    * Revenue fell 13.1% to $228.50 million from a year ago;
analysts
expected $268.79 million. 
    * Scholastic Corp's reported EPS for the quarter was a loss
of
$2.35​.
    * The mean earnings estimate of analysts had fallen by
about 27.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Scholastic Corp shares had risen by 1.3% this quarter and
lost 0.2% so far this year.
    * Wall Street's median 12-month price target for Scholastic
Corp
is $57.00 

This summary was machine generated from LSEG Refinitiv data
September 21 at 09:01 p.m. UTC. ​All figures in US dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2023      -1.35          -2.20          Missed
 May. 31 2023      1.70           2.26           Beat
                                  -0.57          
                                  2.12