Scholastic (SCHL) Lags Q4 Earnings and Revenue Estimates

Scholastic (SCHL) came out with quarterly earnings of $1.73 per share, missing the Zacks Consensus Estimate of $2.66 per share. This compares to earnings of $2.26 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -34.96%. A quarter ago, it was expected that this publishing, education and media company would post a loss of $0.80 per share when it actually produced a loss of $0.80, delivering no surprise. Over the last four quarte ...