Scholastic Corp (SCHL) Misses Q4 EPS by 93c ; Provides Outlook

Scholastic Corp (NASDAQ: SCHL) reported Q4 EPS of $1.73, $0.93 worse than the analyst estimate of $2.66. Revenue for the quarter came in at $474.9 million versus the consensus estimate of $552.5 million.

Outlook

The Company expects fiscal 2025 revenue growth of 4% to 6% and is targeting Adjusted EBITDA (as defined in the accompanying tables) of $140 to $150 million, reflecting the partial-year contribution of 9 Story Media Group, partially offset by continuing spending on key growth initiatives and the impact of ongoing pressure on consumer and school spending. In its fiscal first quarter, the Company expects a seasonal loss approximately in line with the prior year.

For earnings history and earnings-related data on Scholastic Corp (SCHL) click here.

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