Scholastic Reports Fiscal 2017 Third Quarter Results

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Go back to Scholastic Reports Fiscal 2017 Third Quarter Results

Scholastic Corp (SCHL) Misses Q3 EPS by 11c

March 23, 2017 7:03 AM EDT

Scholastic Corp (NASDAQ: SCHL) reported Q3 EPS of ($0.36), $0.11 worse than the analyst estimate of ($0.25). Revenue for the quarter came in at $336.2 million versus the consensus estimate of $367.9 million.

"In the third quarter, we controlled costs effectively, protecting profits despite reduced sales in clubs, while trade sales returned to more normal levels after an... More