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Scholastic Shares Fall After Worse-Than-Expected Q4 Results: Details
Scholastic Corporation (NASDAQ:SCHL) reported its fourth-quarter financial results Thursday. Here's a look at the key figures from the report.
The Details: Scholastic reported quarterly earnings of $1.73 per share which missed the analyst consensus estimate of $2.66 by 34.96% and represents a 23.45% decrease in earnings from the same period last year.
Quarterly sales came in at $474.9 million which missed the analyst consensus estimate of $552.496 million by 14.04% and is a 10.11% decrease year-over-year.
“Scholastic made significant progress last ...