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Scholastic: Q2 Earnings Insights

Benzinga Insights
·1 min read

Shares of Scholastic (NASDAQ:SCHL) fell 5.98% after the company reported Q2 results.

Quarterly Results

Earnings per share fell 44.17% year over year to $1.15, which missed the estimate of $1.38.

Revenue of $406,200,000 declined by 31.98% year over year, which missed the estimate of $528,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Dec 17, 2020

View more earnings on SCHL

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/b5ts3k2i

Price Action

Company's 52-week high was at $45.80

Company's 52-week low was at $18.80

Price action over last quarter: Up 30.21%

Company Description

Scholastic Corp is an American publishing and education media company that focuses on books and educational material for schools, teachers, parents, and children. The company is one of the world's largest publishers of children's books and also owns the exclusive rights to various books, including Harry Potter and The Hunger Games. Some of the company's original titles include Clifford the Big Red Dog, Goosebumps, and The Magic School Bus.

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