Scholastic Corp (SCHL) Tops Q1 EPS by 19c, Offers Guidance

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Scholastic Reports Fiscal 2019 First Quarter Results

September 27, 2018 7:00 AM EDT

NEW YORK, Sept. 27, 2018 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported results for the Company's fiscal 2019 first quarter ended August 31, 2018. The Company reported a first quarter 2019 loss per diluted share of $1.75, compared to a loss of $1.81 per diluted share in the first quarter of 2018. Excluding one-time items, the first quarter 2019 loss was $1.74. Scholastic typically records a loss in its fiscal first quarter, when most U.S. schools are not in session.

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