Scholastic(SCHL)
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Surging Earnings Estimates Signal Upside for Scholastic (SCHL) Stock
ZACKS· 2026-03-24 17:22
Scholastic (SCHL) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this publishing, education and media company, should get reflected in its stock price. After all, empirical research shows a stron ...
Scholastic (SCHL) is a Great Momentum Stock: Should You Buy?
ZACKS· 2026-03-24 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
Why Scholastic Stock Climbed This Week
The Motley Fool· 2026-03-21 23:07
Core Insights - Scholastic's stock rose by 8.82% following better-than-expected quarterly results, with a more than 10% increase in stock price according to S&P Global Market Intelligence [1]. Financial Performance - In Q3 of fiscal 2026, Scholastic reported a revenue decline of 2% year over year, totaling $329.1 million, with children's book publishing and distribution sales down by 3% to $197.6 million [2]. - Education revenue also fell by 2% to $56.1 million due to funding challenges in school districts, although entertainment sales surged by 25% to $16 million [2]. - The company recorded an adjusted loss per share of $0.15, outperforming Wall Street's expectation of a loss of $0.37 per share [3]. Market Data - Scholastic's current market capitalization stands at $948 million, with a stock price range for the day between $36.94 and $38.76 [4][5]. - The stock has a 52-week range of $15.77 to $38.94, with a gross margin of 52.32% and a dividend yield of 2.15% [5]. Strategic Initiatives - The company has focused on reducing its cost structure to address sluggish sales, raising over $400 million from the sale of its headquarters and distribution center [5][6]. - Proceeds from these sales were used to pay down debt, increase cash reserves, and repurchase over $147 million of its shares, alongside a $200 million tender offer as part of a new $300 million share repurchase program [6]. - Scholastic anticipates a full-year free cash flow of $430 million to support these repurchases and dividend payments [6]. Management Outlook - CEO Peter Warwick emphasized the company's commitment to maximizing shareholder value, disciplined execution, and accelerating profitability while positioning for growth in fiscal 2027 [7].
Scholastic(SCHL) - 2026 Q3 - Quarterly Report
2026-03-20 20:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Quarterly Report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended February 28, 2026 Commission File No. 000-19860 SCHOLASTIC CORPORATION (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 557 Broadway, New York, New York 10012 (Address of principal executive offices) (Zip Code) Delaware 13-3385513 (IRS Employ ...
Scholastic Posts Upbeat Q3 Earnings, Joins Firefly Aerospace, Arm Holdings And Other Big Stocks Moving Higher On Friday
Benzinga· 2026-03-20 13:57
U.S. stocks were lower, with the Nasdaq Composite falling around 200 points on Friday.Scholastic reported quarterly losses of 15 cents per share which beat the analyst consensus estimate of losses of 36 cents per share. The company reported quarterly sales of $329.100 million which missed the analyst consensus estimate of $331.033 million.Scholastic shares jumped 10.7% to $37.91 on Friday.Here are some other big stocks recording gains in today’s session.Photo via Shutterstock ...
Stock Market Today: S&P 500, Dow Futures Down Ahead Of 'Triple Witching' As Iran Warns Of 'Zero Restraint'—FedEx, Super Micro Computer In Focus
Benzinga· 2026-03-20 09:58
U.S. stock futures declined on Friday following Thursday’s declines. Futures of the major benchmark indices were lower.Meanwhile, the 10-year Treasury bond yielded 4.28%, and the two-year bond was at 3.83%. The CME Group's FedWatch tool‘s projections show markets pricing a 93.8% likelihood of the Federal Reserve leaving the current interest rates unchanged in its April meeting. IndexPerformance (+/-)Dow Jones-0.08%S&P 500-0.12%Nasdaq 100-0.28%Russell 2000-0.18%Stocks In FocusFedEx FedEx Corp. (NYSE:FDX) jum ...
Scholastic Has A New Lease On Life (Rating Upgrade) (NASDAQ:SCHL)
Seeking Alpha· 2026-03-20 08:16
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Scholastic outlines $300M share repurchase, reaffirms flat annual revenue outlook amid capital returns initiative (NASDAQ:SCHL)
Seeking Alpha· 2026-03-19 23:23
Earnings Call InsightsScholastic outlines $300M share repurchase, reaffirms flat annual revenue outlook amid capital returns initiativeMar 19, 2026, 7:23 PM ETScholastic Corporation (SCHL) StockAI-Generated Earnings Calls InsightsCommentsEarnings Call Insights: Scholastic Corporation (SCHL) Q3 2026 Management View Peter Warwick, President, CEO & Director, highlighted a major strategic milestone with the successful completion of sale-leaseback transactions involving the New York City headquarters and Jeffer ...
Scholastic (SCHL) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2026-03-19 23:00
Core Insights - Scholastic reported $329.1 million in revenue for the quarter ended February 2026, reflecting a year-over-year decline of 1.9% and an EPS of -$0.15 compared to -$0.05 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $331.04 million by 0.59%, while the EPS exceeded the consensus estimate of -$0.37 by 58.9% [1] Revenue Breakdown - Entertainment revenues reached $16 million, surpassing the two-analyst average estimate of $13.05 million, marking a year-over-year increase of 25% [4] - Education Solutions revenues were reported at $56.1 million, slightly above the average estimate of $53.29 million, but showed a year-over-year decline of 1.9% [4] - International revenues totaled $58 million, slightly below the average estimate of $59 million, with a year-over-year decrease of 2.2% [4] - Children's Book Publishing and Distribution revenues were $197.6 million, falling short of the average estimate of $204.7 million, representing a year-over-year decline of 2.8% [4] Stock Performance - Scholastic shares have returned +2.4% over the past month, contrasting with the Zacks S&P 500 composite's -3.6% change, indicating potential outperformance in the near term [3]
Scholastic Q3 Earnings Call Highlights
Yahoo Finance· 2026-03-19 21:53
Chief Financial Officer Haji Glover said the tender offer price range is $36 to $40 per share and is expected to commence Monday, March 23, 2026, and remain open until Monday, April 20, subject to customary conditions. Assuming full subscription, Warwick said the tender would represent about 25% of shares outstanding as of quarter end. Glover said the tender is expected to be funded with a combination of cash on hand and borrowings under the company’s credit facility.Building on that, management announced n ...