Gear Up for Scholastic (SCHL) Q2 Earnings: Wall Street Estimates for Key Metrics

Core Insights - Analysts forecast Scholastic (SCHL) to report quarterly earnings of $2.07 per share, reflecting a year-over-year increase of 13.7% [1] - Expected revenues are projected at $556.73 million, indicating a 2.2% increase compared to the same quarter last year [1] Earnings Estimates Revisions - Over the last 30 days, the consensus EPS estimate has been revised downward by 7.8%, indicating a collective reassessment by analysts [2] - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock [3] Revenue Projections - Analysts expect 'Revenues- Education Solutions' to be $64.80 million, suggesting a year-over-year decline of 9% [4] - 'Revenues- Children’s Book Publishing and Distribution' is projected to reach $383.12 million, reflecting a year-over-year increase of 4.4% [5] - Estimated 'Revenues- International' is $89.29 million, indicating a 3% increase from the prior-year quarter [5] Stock Performance - Scholastic shares have returned +2% over the past month, outperforming the Zacks S&P 500 composite, which has seen a -0.2% change [5] - With a Zacks Rank 5 (Strong Sell), SCHL is expected to underperform the overall market in the near future [5]