Scholastic up after first-quarter revenue estimate beat

Scholastic

26/09/2024 22:18

** Shares of publishing firm Scholastic Corp  SCHL.O  rise
8.5% to $32.7 in trading after the bell
    ** SCHL reports Q1 revenue of $237.2 mln, above LSEG ests.
of $233.5 mln
    ** Scholastic reaffirms its FY25 forecast; sees revenue
growth of 4% to 6%, adj. EBITDA of $140 mln to $150 mln 
    ** SCHL has fallen 20% YTD

 (Reporting by Juby Babu in Mexico City)
 ((Juby.Babu@thomsonreuters.com;))