Scholastic up after reporting third-quarter profit
19/03/2026 20:50
** Shares of publishing firm Scholastic SCHL.O up 9.5% at $37.49 after the bell ** Co reports Q3 EPS of $2.55 vs loss of 13 cents last year ** In Q3, Scholastic's "children's publishing, entertainment and distribution businesses continued to prove their strength, led by solid performance in book fairs, and underpinned by our iconic franchises across formats and platforms," CEO Peter Warwick says ** Co also reaffirms annual adjusted EBITDA forecast ** However, co quarterly revenue drops 2% to $329.1 million ** SCHL up ~39% in 2025 (Reporting by Sanskriti Shekhar in Bengaluru) ((Sanskriti.Shekhar@thomsonreuters.com))
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