Scholastic (SCHL) Lags Q2 Earnings and Revenue Estimates

Scholastic (SCHL) came out with quarterly earnings of $1.82 per share, missing the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $2.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20.87%. A quarter ago, it was expected that this publishing, education and media company would post a loss of $2.48 per share when it actually produced a loss of $2.13, delivering a surprise of 14.11%.Over the last fou ...