Shares of Scholastic SCHL fell 5.98% after the company reported Q2 results.
Quarterly Results
Earnings per share fell 44.17% year over year to $1.15, which missed the estimate of $1.38.
Revenue of $406,200,000 declined by 31.98% year over year, which missed the estimate of $528,000,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Dec 17, 2020
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/b5ts3k2i
Price Action
Company's 52-week high was at $45.80
Company's 52-week low was at $18.80
Price action over last quarter: Up 30.21%
Company Description
Scholastic Corp is an American publishing and education media company that focuses on books and educational material for schools, teachers, parents, and children. The company is one of the world's largest publishers of children's books and also owns the exclusive rights to various books, including Harry Potter and The Hunger Games. Some of the company's original titles include Clifford the Big Red Dog, Goosebumps, and The Magic School Bus.
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