Scholastic (SCHL) Reports Q3 Loss, Misses Revenue Estimates

Core Insights - Scholastic reported a quarterly loss of $0.05 per share, significantly better than the Zacks Consensus Estimate of a loss of$0.78, and an improvement from a loss of $0.80 per share a year ago, indicating an earnings surprise of 93.59$335.4 million for the quarter ended February 2025, missing the Zacks Consensus Estimate by 3.53%, but showing an increase from $323.7 million in the same quarter last year [2] - Scholastic shares have declined approximately 10.2$1.93 on revenues of $521.52 million, and for the current fiscal year, it is$0.84 on revenues of $1.65 billion [7] - The estimate revisions trend for Scholastic is mixed, leading to a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Publishing - Books industry, to which Scholastic belongs, is currently ranked in the top 35% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% of industries [8]