Scholastic (SCHL) Scheduled to Post Earnings on Thursday

Scholastic (NASDAQ:SCHL) will be releasing its earnings data after the market closes on Thursday, September 26th. Analysts expect Scholastic to post earnings of ($2.29) per share for the quarter. Scholastic has set its FY 2025 guidance at EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

Scholastic (NASDAQ:SCHL) last announced its earnings results on Thursday, July 18th. The company reported $1.73 earnings per share for the quarter, missing the consensus estimate of $2.66 by ($0.93). Scholastic had a net margin of 0.76% and a return on equity of 3.34%. The firm had revenue of $474.90 million during the quarter, compared to analysts’ expectations of $552.50 million. On average, analysts expect Scholastic to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Scholastic Price Performance

NASDAQ SCHL opened at $31.61 on Thursday. Scholastic has a 12 month low of $28.47 and a 12 month high of $41.79. The company has a market capitalization of $904.05 million, a price-to-earnings ratio of 21.97 and a beta of 1.03. The company’s fifty day moving average price is $31.68 and its two-hundred day moving average price is $34.59.

Scholastic Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, August 30th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 2.53%. The ex-dividend date of this dividend was Friday, August 30th. Scholastic’s dividend payout ratio (DPR) is currently 55.17%.

Insider Buying and Selling at Scholastic

In other Scholastic news, EVP Iole Lucchese acquired 1,654 shares of Scholastic stock in a transaction dated Tuesday, July 23rd. The stock was bought at an average cost of $30.49 per share, for a total transaction of $50,430.46. Following the purchase, the executive vice president now directly owns 74,264 shares in the company, valued at approximately $2,264,309.36. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. In other Scholastic news, EVP Iole Lucchese bought 1,654 shares of the firm’s stock in a transaction on Tuesday, July 23rd. The shares were purchased at an average price of $30.49 per share, for a total transaction of $50,430.46. Following the transaction, the executive vice president now directly owns 74,264 shares in the company, valued at approximately $2,264,309.36. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Warwick Peter purchased 1,674 shares of Scholastic stock in a transaction that occurred on Tuesday, July 23rd. The shares were purchased at an average price of $30.46 per share, for a total transaction of $50,990.04. Following the transaction, the chief executive officer now directly owns 104,349 shares in the company, valued at approximately $3,178,470.54. The disclosure for this purchase can be found here. Corporate insiders own 18.62% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Scholastic from a “hold” rating to a “buy” rating in a research note on Tuesday, August 27th.

About Scholastic

Scholastic Corporation publishes and distributes children’s books worldwide. It operates in three segments: Children’s Book Publishing and Distribution, Education Solutions, and International. The Children’s Book Publishing and Distribution segment engages in publication and distribution of children’s print, digital, and audio books, as well as media and interactive products through its school reading events and trade channel; and operation of school-based book clubs and book fairs in the United States.