Scholastic Reports Fiscal 2016 Third Quarter Results

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Scholastic Corp (SCHL) Posts Narrower-than-Expected Q3 Loss; Updates FY16 FCF Outlook

March 24, 2016 7:09 AM EDT

Scholastic Corp (NASDAQ: SCHL) reported Q3 EPS of ($0.06), $0.29 better than the analyst estimate of ($0.35). Revenue for the quarter came in at $375 million versus the consensus estimate of $352.85 million.

Revised Fiscal 2016 Free Cash Flow Guidance

While the Company continues to face... More