Scholastic (NASDAQ:SCHL – Get Free Report) announced its quarterly earnings data on Thursday. The company reported ($2.13) earnings per share for the quarter, beating the consensus estimate of ($2.48) by $0.35, Zacks reports. Scholastic had a net margin of 0.76% and a return on equity of 3.34%. The business had revenue of $237.20 million for the quarter, compared to analyst estimates of $233.49 million. During the same period in the prior year, the business posted ($2.20) earnings per share. Scholastic updated its FY 2025 guidance to EPS.
Scholastic Stock Performance
Shares of NASDAQ SCHL opened at $32.04 on Friday. The stock has a market capitalization of $904.81 million, a PE ratio of 22.10 and a beta of 1.03. Scholastic has a 52 week low of $28.47 and a 52 week high of $41.79. The stock has a 50 day moving average price of $30.89 and a 200 day moving average price of $34.23.
Scholastic Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Thursday, October 31st will be paid a $0.20 dividend. The ex-dividend date is Thursday, October 31st. This represents a $0.80 annualized dividend and a yield of 2.50%. Scholastic’s payout ratio is currently 55.17%.
Insider Transactions at Scholastic
Analyst Ratings Changes
Separately, StockNews.com upgraded shares of Scholastic from a “hold” rating to a “buy” rating in a research report on Friday.
Read Our Latest Stock Report on SCHL
Scholastic Company Profile
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.
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