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Market Overview

Earnings Outlook For Scholastic


Scholastic (NASDAQ:SCHL) announces its next round of earnings this Thursday, December 17. Here is Benzinga's everything-that-matters guide for this Thursday's Q2 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see Scholastic reporting earnings of $1.38 per share on revenue of $528.00 million. In the same quarter last year, Scholastic announced EPS of $2.06 on revenue of $597.20 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The Wall Street consensus estimate for earnings would represent a 33.01% decrease for the company. Revenue would be down 11.59% from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2020 Q2 2019
EPS Estimate -1.74 -0.93 -0.64 1.77
EPS Actual -0.90 -0.23 -0.34 2.06
Revenue Estimate 219.00 M 272.60 M 342.10 M 591.20 M
Revenue Actual 215.20 M 284.00 M 373.30 M 597.20 M

Stock Performance

Over the last 52-week period, shares are down 29.49%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Scholastic is scheduled to hold the call at 16:30:00 ET and can be accessed here.


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Posted-In: Earnings