Scholastic (SCHL) Tops Q2 EPS Views; Boosts FY12 FCF Outlook to Top-End of Range
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Price: $39.26 -0.36%
EPS Growth %: +36.6%
Financial Fact:
Provision for income taxes: -8.4M
Today's EPS Names:
SODI, PGR, OMID, More
EPS Growth %: +36.6%
Financial Fact:
Provision for income taxes: -8.4M
Today's EPS Names:
SODI, PGR, OMID, More
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Scholastic Corp (NASDAQ: SCHL) reported Q2 EPS of $2.62, $0.29 better than the analyst estimate of $2.33. Revenue for the quarter came in at $685.3 million versus the consensus estimate of $684.7 million.
Based on strong year-to-date working capital management, the Company has raised its guidance for free cash flow, and now expects free cash flow to exceed $100 million, the high end of the Company's previous guidance.
Based on strong year-to-date working capital management, the Company has raised its guidance for free cash flow, and now expects free cash flow to exceed $100 million, the high end of the Company's previous guidance.
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