Scholastic jumps after Q2 earnings

Scholastic

17/12/2021 16:22

** Scholastic Corp  SCHL.O  shares up 6.62% at $38.15 after
hitting intraday high of $39.82, highest level since Nov 24
    ** SCHL shares on track for biggest one day percentage gain
since June 7
    ** SCHL reported Q2 EPS of $1.91 per share, up from $1.02 in
yr-ago period, revenue increased $524.2 mln from $406.2 mln in
Q2 2020
    ** Excluding one-time items, SCHL said operating income for
Q2 2021 was $84.3 mln versus $54.3 mln in year-ago period
 urn:newsml:reuters.com:*:nASA02W26
    ** SCHL shares up ~53.7% YTD versus gain of ~23.7% in S&P
600 communication services  .SPSMCL  sector

 (Reporting by Chuck Mikolajczak)
 ((charles.mikolajczak@tr.com; @ChuckMik;))