Scholastic Corp (SCHL) Tops Q4 EPS by 1c, Offers Fiscal 2012 Guidance

July 21, 2011 7:07 AM EDT Send to a Friend
Get Alerts SCHL Hot Sheet
Trade SCHL Now!
Scholastic Corp (NASDAQ: SCHL) reported Q4 EPS of $0.78, $0.01 better than the analyst estimate of $0.77. Revenue for the quarter came in at $545.8 million versus the consensus estimate of $520.3 million.

Scholastic expects total revenue from continuing operations in fiscal 2012 of approximately $1.9 billion, and earnings per diluted share from continuing operations in the range of $1.75 to $2.10.

Fiscal 2012 free cash flow is expected to be approximately $90 to $100 million, which includes capital expenditures of $55 to $65 million and prepublication and production spending of $65 to $75 million.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Earnings, Guidance

Related Entities

Earnings

Add Your Comment