School Specialty, Inc. (SCHS) Misses Q3 EPS by 4c. Gives Outlook
Get Alerts SCHS Hot Sheet
Price: $0.00 --0%
Financial Fact:
Provision for (benefit from) income taxes: 8.81M
Today's EPS Names:
UXIN, TOWN, NRIM, More
Financial Fact:
Provision for (benefit from) income taxes: 8.81M
Today's EPS Names:
UXIN, TOWN, NRIM, More
Join SI Premium – FREE
School Specialty, Inc. (NASDAQ: SCHS) reported Q3 EPS of $0.75, $0.04 worse than the analyst estimate of $0.79. Revenue for the quarter came in at $236.9 million versus the consensus estimate of $242.2 million.
Financial Outlook
"We believe that given the challenging market this school season, fiscal year 2013 revenues are likely to decline in the mid-single digit range compared with fiscal 2012. Although revenue is softer than our previously anticipated performance levels for fiscal 2013, given our margin and cost reduction actions, we continue to believe that fiscal 2013 will look similar to fiscal 2012 actual results in terms of EBITDA," said the company's CEO.
For earnings history and earnings-related data on School Specialty, Inc. (SCHS) click here.
Financial Outlook
"We believe that given the challenging market this school season, fiscal year 2013 revenues are likely to decline in the mid-single digit range compared with fiscal 2012. Although revenue is softer than our previously anticipated performance levels for fiscal 2013, given our margin and cost reduction actions, we continue to believe that fiscal 2013 will look similar to fiscal 2012 actual results in terms of EBITDA," said the company's CEO.
For earnings history and earnings-related data on School Specialty, Inc. (SCHS) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Sanofi jumps as Q1 key profit measure tops estimates; Citi reiterates Buy
- Analysts favorite fintech stock Adyen tumbles after revenue miss
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!