Scholastic Reports Fiscal 2021 Third Quarter Results
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Scholastic Corp (SCHL) Tops Q3 EPS by 34c, Revenues Miss
March 18, 2021 4:05 PM EDTScholastic Corp (NASDAQ: SCHL) reported Q3 EPS of ($0.41), $0.34 better than the analyst estimate of ($0.75). Revenue for the quarter came in at $277.5 million versus the consensus estimate of $279.9 million.
Chairman's Commentary
"Getting kids back into school is now a clear national priority and we are experiencing growth in spring fair bookings as more districts offer in-person learning. We are seeing expanded opportunities in all of Scholastic's channels for summer reading, helped by the urgency of parents and educators to accelerate the reading growth of their children. In addition, significant federal stimulus dollars will be... More
