SCHL / Why Scholastic Stock Was Tanking on Friday

Scholastic (SCHL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. more_horizontal

Scholastic (SCHL) could produce exceptional returns because of its solid growth attributes. more_horizontal

Scholastic Corporation (SCHL) missed revenue and profit estimates for the quarter ended Aug. 31, as lagging book sales impacted the publisher's core b more_horizontal

The company missed revenue and earnings estimates. Revenue dropped 13% year over year, which led to an operating loss for the fiscal first quarter. more_horizontal

Shares of Scholastic (SCHL) plummeted in early trading after the children's book publisher reported a wider-than-expected loss in its fiscal first qua more_horizontal

Scholastic (NASDAQ: SCHL ) stock is falling on Friday after the publishing company released its earnings report for the fiscal first quarter of 2024. more_horizontal

Scholastic (SCHL) came out with a quarterly loss of $2.20 per share versus the Zacks Consensus Estimate of a loss of $1.35. This compares to loss of $ more_horizontal

Scholastic Corporation (NASDAQ:SCHL ) Q1 2024 Earnings Conference Call September 21, 2023 4:30 PM ET Company Participants Jeffrey Mathews - Executive more_horizontal