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AMTD owned Global Art Media - The Art Newspaper Officially Registered in Hong Kong with the Government and Launches Its Inaugural Hong Kong Edition
Prnewswire· 2026-03-31 17:51
<!doctype html> <!-- For structured data --> <!-- For language declaration --> AMTD owned Global Art Media - The Art Newspaper Officially Registered in Hong Kong with the Government and Launches Its Inaugural Hong Kong Edition <!-- Additional Authorable Meta tags --> Accessibility StatementSkip Navigation<!-- -->PARIS and NEW YORK and LONDON, March 31, 2026 /PRNewswire/ -- AMTD Group Inc. ("AMTD Group"), AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD) and The Generation Essentials Grou ...
UK publisher Future's shares plummet as changes in Google search traffic hit margins
Reuters· 2026-03-31 07:39
UK publisher Future's shares plummet as changes in Google search traffic hit margins | Reuters Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv March 31 (Reuters) - British publishing firm Future Plc (FUTR.L), opens new tablowered its full-year margin outlook on Tuesday, as deeper-than-expected changes in Google search traffic hurt its higher-margin advertising and online shopping revenues, dragging its shares down nearly 30%. The company attributed the decline ...
浙版传媒(601921) - 浙江出版传媒股份有限公司关于2025年度主要经营数据的公告
2026-03-30 11:37
本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 浙江出版传媒股份有限公司根据《上海证券交易所上市公司自律监管指引第 3 号——行业信息披露》（第十一号——新闻出版）的相关规定，现将 2025 年度主 要业务板块经营数据公告如下： 单位：万元 | 项目 | 销售码洋 | | | | 营业收入 | | | 营业成本 | | | 毛利率（%） | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 去年 | 本期 | 增长 | 去年 | 本期 | 增长 | 去年 | 本期 | 增长 | 去年 | 本期 | 增长 | | | 同期 | | 率(%) | 同期 | | 率(%) | 同期 | | 率(%) | 同期 | | 率(%) | | 出版业务 | 982,561. | 896,532. | -8.76 | 291,15 | 280,11 | -3.79 | 204,76 | 191,50 | -6.48 | 2 ...
Wiley Announces Quarterly Dividend; Allocated $126 million to Dividends and Repurchases in 9 Months of Fiscal 2026
Businesswire· 2026-03-26 11:30
Wiley Announces Quarterly Dividend; Allocated $126 million to Dividends and Repurchases in 9 Months of Fiscal 2026 Mar 26, 2026 7:30 AM Eastern Daylight Time Wiley Announces Quarterly Dividend; Allocated $126 million to Dividends and Repurchases in 9 Months of Fiscal 2026 Share HOBOKEN, N.J.--(BUSINESS WIRE)--Wiley (NYSE: WLY), a global leader in authoritative content and research intelligence for the advancement of scientific discovery, innovation, and learning, today announced that its Board of Directors ...
Surging Earnings Estimates Signal Upside for Scholastic (SCHL) Stock
ZACKS· 2026-03-24 17:22
Core Viewpoint - Scholastic (SCHL) presents a strong investment opportunity due to its improving earnings outlook and analysts' increasing earnings estimates [1][3] Earnings Estimate Revisions - The trend of rising earnings estimate revisions reflects growing analyst optimism regarding Scholastic's earnings prospects, which is expected to positively influence its stock price [2] - The current-quarter earnings estimate is $2.45 per share, indicating a significant increase of +181.6% compared to the previous year, with a 37.75% rise in the consensus estimate over the last 30 days [5] - For the full year, the earnings estimate is projected at $1.88 per share, representing a remarkable change of +291.7% from the prior year, with two estimates raised and no negative revisions [6] Zacks Rank - Scholastic currently holds a Zacks Rank 1 (Strong Buy), indicating strong potential for outperformance based on favorable estimate revisions [7] - Stocks with Zacks Rank 1 and 2 are shown to significantly outperform the S&P 500, highlighting the effectiveness of the Zacks Rank system [7] Stock Performance - The stock has gained 18% over the past four weeks, driven by solid estimate revisions, suggesting that its earnings growth prospects may lead to further price increases [8]
Scholastic Posts Upbeat Q3 Earnings, Joins Firefly Aerospace, Arm Holdings And Other Big Stocks Moving Higher On Friday
Benzinga· 2026-03-20 13:57
Group 1 - U.S. stocks experienced a decline, with the Nasdaq Composite dropping approximately 200 points on Friday [1] - Scholastic reported a quarterly loss of 15 cents per share, which was better than the analyst consensus estimate of a loss of 36 cents per share [1] - The company's quarterly sales amounted to $329.100 million, falling short of the analyst consensus estimate of $331.033 million [1] - Despite the sales miss, Scholastic's shares surged by 10.7% to $37.91 on Friday [1]
Scholastic Corporation Q3 2026 Earnings Call Summary
Yahoo Finance· 2026-03-20 00:16
Strategic Execution and Operational Drivers - Scholastic Corporation completed a major sale-leaseback of its NYC headquarters and Jefferson City distribution facilities, unlocking over $400 million in net proceeds to optimize the balance sheet [6] - Book Fairs performance remains robust, driven by higher revenue per fair, increased fair counts, and the successful adoption of the eWallet digital payment system [6] - The Education segment is undergoing a strategic transformation to align with 'science of reading' standards, resulting in a significant deceleration of revenue declines [6] - Trade publishing results reflect a challenging year-over-year comparison against the prior year's massive Hunger Games release and short-term retail disruptions from winter weather [6] - Scholastic Entertainment is successfully expanding IP reach, with YouTube views up over 200% year-over-year and a growing pipeline of greenlit media projects [6] Outlook and Strategic Targets - Management is shifting the Education go-to-market strategy to focus on less volatile teacher, family, and community-focused channels which have outperformed district-level sales [6] - The company reaffirmed fiscal 2026 adjusted EBITDA guidance of $146 million to $156 million, assuming a return to profitability in the seasonally strong fourth quarter [6] - A long-term net leverage target of 2.0x to 2.5x adjusted EBITDA has been established to balance growth investment with shareholder returns [6] - The Education segment is positioned to stabilize through the remainder of fiscal 2026 with a formal goal of returning to top-line growth in fiscal 2027 [6] - Anticipates continued momentum in the Hunger Games franchise through paperback and movie tie-in editions ahead of the Sunrise on the Reaping film adaptation this fall [6] Capital Allocation and Structural Impacts - The company expects approximately $10 million in incremental tariff expenses for the current fiscal year, with management closely monitoring potential policy changes [6] - A new $300 million share repurchase program has been authorized, including a $200 million modified Dutch auction tender offer at $36 to $40 per share [6] - The sale-leaseback transaction is expected to reduce adjusted EBITDA by approximately $14 million in fiscal 2026 due to new lease expenses and lost rental income [6] - Nearly exhausted the previous $150 million share repurchase authorization, having bought back 4.4 million shares at an average price of $33.30 [8] - The company repaid the outstanding balance on the unsecured revolving credit facility, ending the quarter with a net cash position of $90.6 million [8]
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(SCHL) - 2026 Q3 - Earnings Call Transcript
2026-03-19 21:32
Financial Data and Key Metrics Changes - In Q3, revenues were $329.1 million, down from $335.4 million in the prior year period, reflecting a decrease of approximately 1% [20] - Adjusted operating loss was $24.3 million compared to $20.9 million in the prior year, while adjusted EBITDA was approximately break even compared to $6 million in the prior year [20] - Net loss was $3.5 million compared to a net loss of $1.3 million in the prior year period, with adjusted loss per diluted share increasing to $0.15 from $0.05 [21] Business Line Data and Key Metrics Changes - Children's Book Publishing and Distribution revenues decreased 3% to $197.6 million, with adjusted operating profit improving to $8.9 million from $7.6 million [21] - Book Fairs revenue increased 2% to $113.3 million, driven by higher revenue per fair [22] - Trade Publishing revenues were $69.7 million, down 10% from $77.4 million in the prior year, reflecting timing of major releases [23] - Education segment revenues were $56.1 million, down 2% from $57.2 million, but adjusted operating loss improved to $5.2 million from $6.9 million [25] Market Data and Key Metrics Changes - International segment revenues were $58.7 million, down from $59.3 million a year ago, with a decline attributed to publication timing [26] - Demand for English language learning materials continues to expand globally, representing a long-term opportunity [18] Company Strategy and Development Direction - The company completed sale leaseback transactions generating over $400 million in net proceeds, optimizing the balance sheet and enhancing shareholder value [4][19] - A new $300 million share repurchase authorization was announced, including a $200 million modified Dutch auction tender offer [5][29] - The company aims to return to growth in the education segment by fiscal 2027, focusing on improving product alignment with district needs [16] Management's Comments on Operating Environment and Future Outlook - Management reaffirmed fiscal 2026 adjusted EBITDA guidance of $146 million-$156 million, including a partial year impact from sale-leaseback transactions [31] - The company expects a return to profitability in Q4, driven by improved performance in Book Fairs and Education segments [32] - Management expressed confidence in achieving flat revenue for the full fiscal year, with expectations of 2% growth in Q4 [36][38] Other Important Information - The company established long-term net leverage targets of 2x-2.5x Adjusted EBITDA, balancing balance sheet strength with investment opportunities [28] - Free cash flow in Q3 was $407 million, reflecting proceeds from sale leaseback transactions [27] Q&A Session Summary Question: Confidence in achieving 2% growth in Q4 - Management highlighted Book Fairs as a major factor for revenue growth, with positive initial indications [37][38] Question: Sales pipeline for education solutions - Management noted improvements in the sales pipeline, particularly for summer reading and supplemental materials [42] Question: Adjusted EBITDA guidance and factors influencing it - Management indicated confidence in Q4 profitability due to cost mitigation actions and expected performance in the Entertainment segment [46][48] Question: Performance of the Book Fairs business - Management reported an increase in the number of fairs and revenue per fair, with fewer cancellations compared to the prior year [56] Question: Adjustments to revenue guidance - Management clarified that the adjustment was related to dynamics in the Trade business and not solely the Education segment [60][68]
Scholastic(SCHL) - 2026 Q3 - Earnings Call Transcript
2026-03-19 21:32
Financial Data and Key Metrics Changes - In Q3, revenues were $329.1 million, down from $335.4 million in the prior year period, reflecting a decrease of approximately 1% [20] - Adjusted operating loss was $24.3 million compared to $20.9 million in the prior year, while adjusted EBITDA was approximately break even compared to $6 million in the prior year [20] - Net loss was $3.5 million compared to a net loss of $1.3 million in the prior year period, with adjusted loss per diluted share increasing to $0.15 from $0.05 [21] Business Line Data and Key Metrics Changes - Children's Book Publishing and Distribution revenues decreased 3% to $197.6 million, with adjusted operating profit improving to $8.9 million from $7.6 million [21] - Book Fairs revenue increased 2% to $113.3 million, driven by higher revenue per fair, while Book Clubs revenues were relatively flat at $14.6 million [22] - Trade Publishing revenues were $69.7 million, down 10% from $77.4 million, reflecting the timing of major releases [23] - Entertainment segment revenues increased by $3.2 million to $16 million, driven by increased episodic deliveries [23] - Education segment revenues were $56.1 million, down 2% from $57.2 million, but adjusted operating loss improved to $5.2 million from $6.9 million [25] Market Data and Key Metrics Changes - International segment revenues were $58.7 million, down from $59.3 million, with a decline primarily driven by publication timing [26] - Demand for English language learning materials continues to expand globally, representing a long-term opportunity [18] Company Strategy and Development Direction - The company completed sale leaseback transactions generating over $400 million in net proceeds, optimizing the balance sheet and enhancing shareholder value [4] - A new $300 million share repurchase authorization was announced, including a $200 million modified Dutch auction tender offer [5] - The company aims to return to growth in the education segment by fiscal 2027, focusing on aligning products with district and school needs [17] Management's Comments on Operating Environment and Future Outlook - Management reaffirmed fiscal 2026 adjusted EBITDA guidance of $146 million-$156 million, despite the impact of sale leaseback transactions [31] - The company expects a return to profitability in Q4, driven by improved performance in Book Fairs and Education segments [32] - Management expressed confidence in achieving a 2% revenue growth target for Q4, supported by positive trends in Book Fairs and education solutions [37][38] Other Important Information - The company established long-term net leverage targets of 2-2.5 times Adjusted EBITDA, balancing balance sheet strength with growth investments [28] - Free cash flow in Q3 was $407 million, reflecting proceeds from sale leaseback transactions [27] Q&A Session Summary Question: Confidence in achieving 2% growth target for Q4 - Management indicated that Book Fairs are a major factor for revenue growth, with positive initial indications [37] Question: Sales pipeline for education solutions - Management expects strong performance in summer reading and other educational products, with improving sales pipeline each quarter [42] Question: Adjusted EBITDA guidance for Q4 - Management expressed confidence in achieving the guidance due to cost mitigation actions and the typical profitability of Q4 [46] Question: Performance of the entertainment segment - Management noted an increase in green lighting activity and expects steady growth in the entertainment market [48] Question: Revenue guidance adjustment for the year - Management clarified that the adjustment was related to trade dynamics and not solely the education segment [60]