Scholastic Corp reports results for the quarter ended May 31 - Earnings Summary
Scholastic Corp reports results for the quarter ended May 31 - Earnings Summary
Scholastic Corp SCHL.OQ reported quarterly adjusted earnings of $2.19 per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of 87 cents. The mean expectation of two analysts for the quarter was for earnings of $2.16 per share. Wall Street expected results to range from $2.15 to $2.17 per share.
Revenue fell 6.3% to $476.10 million from a year ago; analysts expected $517.06 million.
Scholastic Corp's reported EPS for the quarter was 45 cents.
The company reported quarterly net income of $9.4 million.
Scholastic Corp shares had risen by 0.8% this quarter and gained 56.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 9.1% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the consumer publishing peer group is "buy."
Wall Street's median 12-month price target for Scholastic Corp is $42.00, about 10.4% below its last closing price of $46.36
This summary was machine generated from LSEG data July 23 at 09:03 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
May. 31 2026 | 2.16 | 2.19 | Beat |
Feb. 28 2026 | -0.36 | -0.15 | Beat |
Nov. 30 2025 | 2.07 | 2.57 | Beat |
Aug. 31 2025 | -2.44 | -2.52 | Missed |
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