Scholastic (NASDAQ:SCHL) is scheduled to be announcing its earnings results before the market opens on Wednesday, December 13th. Scholastic has set its FY18 guidance at $1.20-1.30 EPS.

Scholastic (NASDAQ:SCHL) last announced its quarterly earnings results on Thursday, September 21st. The company reported ($1.67) EPS for the quarter, missing the consensus estimate of ($1.34) by ($0.33). The company had revenue of $189.20 million during the quarter, compared to analysts’ expectations of $208.00 million. Scholastic had a return on equity of 3.57% and a net margin of 1.71%. The firm’s revenue for the quarter was down 33.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($1.15) EPS. On average, analysts expect Scholastic to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Scholastic (NASDAQ:SCHL) opened at $41.60 on Wednesday. The stock has a market cap of $1,446.43, a PE ratio of 32.53 and a beta of 0.78. Scholastic has a 1 year low of $33.51 and a 1 year high of $49.38.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Tuesday, October 31st will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.44%. The ex-dividend date of this dividend is Monday, October 30th. Scholastic’s dividend payout ratio is 77.92%.

Several analysts have recently issued reports on the stock. Stifel Nicolaus restated a “hold” rating and set a $44.00 target price on shares of Scholastic in a research report on Wednesday, August 16th. Zacks Investment Research cut shares of Scholastic from a “hold” rating to a “sell” rating in a research report on Wednesday, September 20th.

In other news, insider Alan J. Boyko sold 13,100 shares of the company’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $40.79, for a total transaction of $534,349.00. Following the sale, the insider now directly owns 44,146 shares in the company, valued at approximately $1,800,715.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 22.30% of the stock is currently owned by corporate insiders.

COPYRIGHT VIOLATION WARNING: “Scholastic (SCHL) Scheduled to Post Quarterly Earnings on Wednesday” was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this report on another domain, it was illegally copied and republished in violation of U.S. & international trademark & copyright law. The legal version of this report can be read at

Scholastic Company Profile

Scholastic Corporation is a publisher and distributor of children’s books, a provider of print and digital instructional materials for pre-kindergarten (pre-K) to grade 12, and a producer of educational and entertaining children’s media. The Company operates through three segments: Children’s Book Publishing and Distribution, Education and International.

Earnings History for Scholastic (NASDAQ:SCHL)

Receive News & Ratings for Scholastic Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scholastic Corporation and related companies with's FREE daily email newsletter.