Scholastic Corp reports results for the quarter ended November 30 - Earnings Summary

Scholastic

19/12/2024 22:02

* Scholastic Corp  SCHL.OQ  reported quarterly adjusted
earnings
of $1.82​​ per share for the quarter ended November 30, lower
than the same quarter last year, when the company reported EPS
of $2.45.  The lone analyst forecast for the quarter was
for earnings of $2.30 per share. 
    * Revenue fell 3.2% to $544.60 million from a year ago;
analysts
expected $553.97 million. 
    * Scholastic Corp's reported EPS for the quarter was $1.71​.
    * The company reported quarterly net income of $48.8
million.
    * Scholastic Corp shares had fallen by 23.0% this
quarter and
lost 34.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 
    * Wall Street's median 12-month price target for Scholastic
Corp
is $44.00 

This summary was machine generated from LSEG data December 19 at
10:01 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
 Nov. 30 2024      2.30           1.82           Missed
 Aug. 31 2024      -2.48          -2.13          Beat
 May. 31 2024      2.66           1.56           Missed
 Feb. 29 2024      -0.80          -0.87          Missed