Scholastic Corp reports results for the quarter ended February 28 - Earnings Summary

• Scholastic Corp SCHL.OQ reported a quarterly adjusted loss of 5 cents​​ per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of -87 cents. The lone analyst forecast for the quarter was for a loss of 78 cents per share.

• Revenue rose 3.6% to $335.40 million from a year ago; analysts expected $347.68 million.

• Scholastic Corp's reported EPS for the quarter was a loss of 13 cents​.

• The company reported a quarterly loss of $3.6 million.

• Scholastic Corp shares had fallen by 10.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 $40.00

This summary was machine generated from LSEG data March 20 at 09:00 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)