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

Scholastic

20/07/2023 22:01

* Scholastic Corp  SCHL.OQ  reported quarterly adjusted
earnings
of $2.26​​ per share for the quarter ended in May. The lone
analyst forecast for the quarter was for earnings of $1.70 per
share.
    * Revenue rose 2.7% to $528.30 million from a year ago;
analysts
expected $541.76 million. 
    * Scholastic Corp's reported EPS for the quarter was $2.26​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Scholastic Corp shares had risen by 4.1% this quarter and
gained 2.6% so far this year.
    * The company reported quarterly net income of $75.7
million.
    * Wall Street's median 12-month price target for Scholastic
Corp
is $57.00 

This summary was machine generated from LSEG Refinitiv data July
20 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 May. 31 2023      1.70           2.26           Beat
                                  -0.57          
                                  2.12           
                                  -1.33